SB 5083 - DIGEST

 

     Provides that a capital facility fee is imposed upon each sale of real property at the rate of one percent of the selling price.  The proceeds from this fee shall be deposited in the capital facility subaccount of the public works assistance account created in RCW 43.155.050

     Declares that low-income housing is exempt from this fee.

     Repeals RCW 82.02.050, 82.02.060, 82.02.070, 82.02.080, 82.02.090, and 82.02.100.