HB 2941-S - DIGEST

(AS OF HOUSE 2ND READING 2/17/02)

     Recognizes the fiscal impact the proposed nuclear waste treatment and immobilization plant at Hanford will have on local government operations from the influx of thousands of workers constructing the plant.

     Recognizes that the facility will be located on federal land, which is exempt from property taxation.  Therefore, the local governments have limited tax sources to offset these increased costs.

     Declares an intent to create a special impact mitigation assistance program funded by a portion of the state business and occupation tax collected from the prime contractor on the construction of the project.