Provides the tax imposed by RCW 82.08.020 does not apply to sales of tangible personal property or labor and services to a limited liability company, or other company, for the constructing of housing if the company has received a commitment of funding to pay for the property, services, or homeowner purchase assistance in whole or in part, from: (1) A federal or state housing program administered by the department of community, trade, and economic development; or

(2) A federal, state, or local housing program administered by a city, town, county, other political subdivision, tribe, or housing authority.

Provides the provisions of chapter 82.12 RCW do not apply to the use of tangible personal property or labor and services by a limited liability company, or other company, for the constructing of housing if the company meets any of the conditions under this act.