HB 1433-S - DIGEST

(DIGEST AS ENACTED)

     Revises RCW 43.17.360 relating to leases with consortiums of counties formed to acquire correctional facilities.

     Declares that the initial term of a lease under this act entered into after January 1, 1996, and involving the grounds of Eastern State hospital, shall not exceed fifty years.  This subsection applies retroactively, and the department shall modify any existing leases to comply with the terms of this subsection.  No other terms of a lease modified by this subsection may be modified unless both parties agree.

     Provides that the fair rental value shall not include the value of any improvements paid for by a contracting consortium.