SB 6562 - DIGEST

(SEE ALSO PROPOSED 1ST SUB)

     Requires a joint report from each county and its cities regarding regional growth patterns, trends, comparing employment, housing growth, and market conditions; and compiling data on new development.  The report shall:  (1) Evaluate whether or not the zoning and development regulations allow development at the densities sufficient to accommodate the adopted population and employment projections;

     (2) highlight the reasons for the difference between the planned outcomes and actual performance, such as market and other factors  affecting the achievement of planned outcomes; and

     (3) indicate reasonable and appropriate actions adopted to encourage growth to occur sufficient to accommodate residential and nonresidential needs.

     Provides that a legislative authority of a county, or a city within a county, planning under chapter 36.70A RCW, may impose a sales and use tax in accordance with the terms of chapter 82.14 RCW.  The tax is in addition to other taxes authorized by law and shall be collected from those persons who are taxable by the state under chapters 82.08 and 82.12 RCW upon the occurrence of any taxable event within the county or city.  The rate of tax shall not exceed 0.01 percent of the selling price in the case of a sales tax or value of the article used in the case of a use tax.

     Declares that moneys collected under this act shall only be used for the purpose of providing basic service for growth, infrastructure projects necessary to accommodate growth, affordable housing programs, and the costs of implementing programs established by chapter 36.70A RCW.