SENATE BILL REPORT

HB 1710

BYRepresentatives Jones, Ferguson, Fox, Brough, Walker, Fuhrman, Ballard and May

Approving projects approved by the public works board.

House Committe on Ways & Means/Appropriations

Senate Committee on Ways & Means

Senate Hearing Date(s):February 26, 1988; February 29, 1988

Majority Report:  Do pass.

      Signed by Senators McDonald, Chairman; Craswell, Vice Chairman; Bauer, Bluechel, Cantu, Deccio, Fleming, Gaspard, Hayner, Johnson, Lee, Saling, Smith, Talmadge, Vognild, Warnke, Williams, Wojahn, Zimmerman.

Senate Staff:Lynn French (786-7715)

                  February 29, 1988

AS REPORTED BY COMMITTEE ON WAYS & MEANS, FEBRUARY 29, 1988

BACKGROUND:

The 1985 Legislature created a Public Works Board (RCW 43.135) to finance repair and reconstruction of infrastructure facilities throughout the state.  Before the Board can sign loan agreements, the Legislature must approve a prioritized list of projects.  The board must also submit to the Legislature a report describing each project (purpose, amount of funding, terms and conditions including the required local match) and documenting the need and fiscal capacity of the city, county or special district applying for the loan.

The Legislature cannot change the priority ordering nor can it add projects.

SUMMARY:

$29,086,385 worth of loans for 55 public works projects are approved.  The loans are to come from funds previously appropriated from the Public Works Assistance Fund.

Appropriation:    none

Revenue:    none

Fiscal Note:      available

Effective Date:The bill contains an emergency clause and takes effect immediately.

Senate Committee - Testified: No one