"Sec. 1   RCW 28B.30.530 and 1984 c 77 s 1 are each amended to read as follows:
     (1) The board of regents of Washington State University shall establish the Washington State University small business development center.
     (2) The center shall provide management and technical assistance including but not limited to training, counseling, and research services to small businesses throughout the state. The center shall work with ((public and private community development and economic assistance agencies and shall work towards the goal of coordinating activities with such agencies to avoid duplication of services)) the department of community, trade, and economic development, the state board for community and technical colleges, the higher education coordinating board, the workforce training and education coordinating board, the employment security department, the Washington state economic development commission, associate development organizations, and workforce development councils to:
     (a) Integrate small business development centers with other state and local economic development and workforce development programs;
     (b) Target the centers' services to small businesses as defined in subsection (5) of this section;
     (c) Tailor outreach and services at each center to the needs and demographics of entrepreneurs and small businesses located within the service area;
     (d) Establish and expand small business development center satellite offices when financially feasible; and
     (e) Coordinate delivery of services to meet needs and avoid duplication.
     (3) The administrator of the center may contract with other public or private entities for the provision of specialized services.
     (4) The small business and development center may accept and disburse federal grants or federal matching funds or other funds or donations from any source when made, granted, or donated to carry out the center's purposes. Small business development center satellite offices may solicit and accept cash and in-kind contributions from public and private sources, including banks, to support their services.
     (5) For the purposes of this section, "small business" means an in-state business, including a sole proprietorship, corporation, partnership, or other legal entity, that is owned and operated independently from all other businesses and has either (a) fifty or fewer employees, or (b) a gross revenue of less than seven million dollars annually as reported on its most recent federal income tax return or its return filed with the department of revenue. As used in this definition, "in-state business" means a business that has its principal office located in Washington and its officers domiciled in Washington.
     (6) By December 1, 2009, the center shall provide a written report to the appropriate committees of the legislature on:
     (a) Progress made with respect to the requirements in subsection (2) of this section; and
     (b) New resources received by satellite offices as a result of the fund-raising authority provided in subsection (4) of this section.

Sec. 2   RCW 30.60.010 and 2008 c 240 s 1 are each amended to read as follows:
     (1) In conducting an examination of a bank chartered under Title 30 RCW, the director shall investigate and assess the record of performance of the bank in meeting the credit needs of the bank's entire community, including low and moderate-income neighborhoods. The director shall accept, in lieu of an investigation or part of an investigation required by this section, any report or document that the bank is required to prepare or file with one or more federal agencies by the act of Congress entitled the "Community Reinvestment Act of 1977" and the regulations promulgated in accordance with that act, to the extent such reports or documents assist the director in making an assessment based upon the factors outlined in subsection (2) of this section.
     (2) In making an investigation required under subsection (1) of this section, the director shall consider, independent of any federal determination, the following factors in assessing the bank's record of performance:
     (a) Activities conducted by the institution to ascertain credit needs of its community, including the extent of the institution's efforts to communicate with members of its community regarding the credit services being provided by the institution;
     (b) The extent of the institution's marketing and special credit related programs to make members of the community aware of the credit services offered by the institution;
     (c) The extent of participation by the institution's board of directors in formulating the institution's policies and reviewing its performance with respect to the purposes of the Community Reinvestment Act of 1977;
     (d) Any practices intended to discourage applications for types of credit set forth in the institution's community reinvestment act statement(s);
     (e) The geographic distribution of the institution's credit extensions, credit applications, and credit denials;
     (f) Evidence of prohibited discriminatory or other illegal credit practices;
     (g) The institution's record of opening and closing offices and providing services at offices;
     (h) The institution's participation, including investments, in local community and microenterprise development projects;
     (i) The institution's origination of residential mortgage loans, housing rehabilitation loans, home improvement loans, and small business or small farm loans within its community, or the purchase of such loans originated in its community;
     (j) The institution's participation in governmentally insured, guaranteed, or subsidized loan programs for housing, small businesses, or small farms;
     (k) The institution's ability to meet various community credit needs based on its financial condition, size, legal impediments, local economic condition, and other factors;
     (l) The institution's contribution of cash or in-kind support to local or statewide organizations that provide counseling, training, financing, or other services to in-state small businesses; and
     (m) Other factors that, in the judgment of the director, reasonably bear upon the extent to which an institution is helping to meet the credit needs of its entire community.
     (3) The director shall include as part of the examination report, a summary of the results of the assessment required under subsection (1) of this section and shall assign annually to each bank a numerical community reinvestment rating based on a one through five scoring system. Such numerical scores shall represent performance assessments as follows: