Requires local jurisdictions that use the lodging tax revenues under RCW 67.28.1816 to submit an annual economic impact report for these expenditures to the department of community, trade, and economic development beginning January 1, 2008. These expenditures must include what is used by the local jurisdiction for tourism promotion purposes and what is used by a nonprofit organization exempt from taxation under 26 U.S.C. Sec. 501(c)(3) or 501(c)(6).