CERTIFICATION OF ENROLLMENT

SENATE BILL 5713

Chapter 80, Laws of 2005

59th Legislature
2005 Regular Session



MULTIPLE-UNIT HOUSING--TAX EXEMPTION



EFFECTIVE DATE: 7/24/05

Passed by the Senate March 16, 2005
  YEAS 48   NAYS 0

BRAD OWEN
________________________________________    
President of the Senate
Passed by the House April 5, 2005
  YEAS 94   NAYS 0

FRANK CHOPP
________________________________________    
Speaker of the House of Representatives


 
CERTIFICATE

I, Thomas Hoemann, Secretary of the Senate of the State of Washington, do hereby certify that the attached is SENATE BILL 5713 as passed by the Senate and the House of Representatives on the dates hereon set forth.

THOMAS HOEMANN
________________________________________    
Secretary
Approved April 18, 2005.








CHRISTINE GREGOIRE
________________________________________    
Governor of the State of Washington
 
FILED
April 18, 2005 - 2:04 p.m.







Secretary of State
State of Washington


_____________________________________________ 

SENATE BILL 5713
_____________________________________________

Passed Legislature - 2005 Regular Session
State of Washington59th Legislature2005 Regular Session

By Senators Regala, Franklin and Kohl-Welles

Read first time 02/03/2005.   Referred to Committee on Financial Institutions, Housing & Consumer Protection.



     AN ACT Relating to rehabilitating multiple-unit housing; and amending RCW 84.14.030.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

Sec. 1   RCW 84.14.030 and 1997 c 429 s 42 are each amended to read as follows:
     An owner of property making application under this chapter must meet the following requirements:
     (1) The new or rehabilitated multiple-unit housing must be located in a residential targeted area as designated by the city;
     (2) The multiple-unit housing must meet the guidelines as adopted by the governing authority that may include height, density, public benefit features, number and size of proposed development, parking, low-income or moderate-income occupancy requirements, and other adopted requirements indicated necessary by the city. The required amenities should be relative to the size of the project and tax benefit to be obtained;
     (3) The new, converted, or rehabilitated multiple-unit housing must provide for a minimum of fifty percent of the space for permanent residential occupancy. In the case of existing occupied multifamily development, the multifamily housing must also provide for a minimum of four additional multifamily units. Existing multifamily vacant housing that has been vacant for twelve months or more does not have to provide additional multifamily units;
     (4) New construction multifamily housing and rehabilitation improvements must be completed within three years from the date of approval of the application;
     (5) Property proposed to be rehabilitated must ((be vacant at least twelve months before submitting an application and)) fail to comply with one or more standards of the applicable state or local building or housing codes on or after July 23, 1995. If the property proposed to be rehabilitated is not vacant, an applicant shall provide each existing tenant housing of comparable size, quality, and price and a reasonable opportunity to relocate; and
     (6) The applicant must enter into a contract with the city approved by the governing body under which the applicant has agreed to the implementation of the development on terms and conditions satisfactory to the governing authority.


         Passed by the Senate March 16, 2005.
         Passed by the House April 5, 2005.
         Approved by the Governor April 18, 2005.
         Filed in Office of Secretary of State April 18, 2005.