BILL REQ. #: H-3939.2

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HOUSE BILL 2550
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State of Washington

59th Legislature

2006 Regular Session

By Representatives Dunshee, Jarrett, Ormsby, Newhouse, Ericks, Cox, Linville and Springer

Read first time 01/10/2006. Referred to Committee on Capital Budget.

AN ACT Relating to amending the 2005-2007 capital budget; amending RCW 43.155.050; amending 2005 c 488 s 138 (uncodified); reenacting and amending RCW 43.155.050; adding a new section to 2005 c 488 (uncodified); providing an effective date; providing an expiration date; and declaring an emergency.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

Sec. 1   2005 c 488 s 138 (uncodified) is amended to read as follows:
FOR THE DEPARTMENT OF COMMUNITY, TRADE, AND ECONOMIC DEVELOPMENT
     Job/Economic Development Grants (06-4-950)

     The appropriation in this section is subject to the following conditions and limitations:
     (1) The appropriation is provided solely for the following list of projects:

Projects		Recommendation
Belfair sewer improvements		$8,000,000
Bellingham waterfront restoration		$2,000,000
Bremerton Harborside		$4,000,000
Burien town square		$2,000,000
Carnation sewer		$2,000,000
City of Covington		$1,000,000
Infrastructure for Renton Boeing property		$5,000,000
((~~Military communities infrastructure projects~~		~~$5,000,000~~))
Pacific Northwest national labs campus infrastructure project		$6,000,000
Rainier court		$1,500,000
Redevelop Snohomish riverfront		$1,500,000
Ridgefield employment center project		$2,000,000
Tukwila Southcenter parkway infrastructure		$6,000,000
Yakima town center restoration		$4,000,000
Total		((~~$50,000,000~~)) $45,000,000

     (2) $1,000,000 of the appropriation for the Pacific Northwest national labs campus infrastructure project is provided solely for giga-pop infrastructure.
     (((3) $5,000,000 of the appropriation for military communities infrastructure projects is provided solely for grants to support projects in Island county, Kitsap county, Pierce county, Snohomish county, and Spokane county when a military base in that county is identified for potential closure in the federal base realignment and closure process. The grants will be used to address infrastructure improvements that will aid in the removal of the base from the closure list. The office of financial management shall establish a process for selecting projects for funding based on criteria used to determine the federal base realignment and closure list and recommendations by the department of community, trade, and economic development and the military department. Final allocation of the grants shall be at the discretion and with the approval of the director of the office of financial management.))

Appropriation:
     Public Works Assistance Account--State . . . . . . . . . . . . ((~~$50,000,000~~))
       $45,000,000

     Prior Biennia (Expenditures) . . . . . . . . . . . . $0
     Future Biennia (Projected Costs) . . . . . . . . . . . . $0
          TOTAL . . . . . . . . . . . . ((~~$50,000,000~~))
       $45,000,000

NEW SECTION.  Sec. 2   A new section is added to 2005 c 488 (uncodified) to read as follows:
FOR THE DEPARTMENT OF COMMUNITY, TRADE, AND ECONOMIC DEVELOPMENT
     Infrastructure Loan Program (06-2-852)

Appropriation:
     Public Works Assistance Account--State . . . . . . . . . . . . $5,000,000
     State Building Construction Account--State . . . . . . . . . . . . $4,000,000
          Subtotal Appropriation . . . . . . . . . . . . $9,000,000

     Prior Biennia (Expenditures) . . . . . . . . . . . . $0
     Future Biennia (Projected Costs) . . . . . . . . . . . . $0
          TOTAL . . . . . . . . . . . . $9,000,000

Sec. 3   RCW 43.155.050 and 2005 c 488 s 925 and 2005 c 425 s 4 are each reenacted and amended to read as follows:
     (1) The public works assistance account is hereby established in the state treasury. Money may be placed in the public works assistance account from the proceeds of bonds when authorized by the legislature or from any other lawful source. Money in the public works assistance account shall be used to make loans and to give financial guarantees to local governments for public works projects. Moneys in the account may also be appropriated to provide for state match requirements under federal law for projects and activities conducted and financed by the board under the drinking water assistance account. Not more than fifteen percent of the biennial capital budget appropriation to the public works board from this account may be expended or obligated for preconstruction loans, emergency loans, or loans for capital facility planning under this chapter; of this amount, not more than ten percent of the biennial capital budget appropriation may be expended for emergency loans and not more than one percent of the biennial capital budget appropriation may be expended for capital facility planning loans. For the 2005-2007 biennium, moneys in the account may be used for grants for projects identified in section 138, chapter 488, Laws of 2005 and for projects identified in section 2 of this act.
     (2) The job development fund is hereby established in the state treasury. Up to fifty million dollars each biennium from the public works assistance account may be transferred into the job development fund. Money in the job development fund may be used solely for job development fund program grants, administrative expenses related to the administration of the job development fund program created in RCW 43.160.230, and for the report prepared by the joint legislative audit and review committee pursuant to RCW 44.28.801(2). Moneys in the job development fund may be spent only after appropriation. The board shall prepare a prioritized list of proposed projects of up to fifty million dollars as part of the department's 2007-09 biennial budget request. The board may provide an additional alternate job development fund project list of up to ten million dollars. The legislature may remove projects from the list recommended by the board. The legislature may not change the prioritization of projects recommended for funding by the board, but may add projects from the alternate list in order of priority, as long as the total funding does not exceed fifty million dollars.

Sec. 4 RCW 43.155.050 and 2005 c 488 s 925 are each amended to read as follows:
The public works assistance account is hereby established in the state treasury. Money may be placed in the public works assistance account from the proceeds of bonds when authorized by the legislature or from any other lawful source. Money in the public works assistance account shall be used to make loans and to give financial guarantees to local governments for public works projects. Moneys in the account may also be appropriated to provide for state match requirements under federal law for projects and activities conducted and financed by the board under the drinking water assistance account. Not more than fifteen percent of the biennial capital budget appropriation to the public works board from this account may be expended or obligated for preconstruction loans, emergency loans, or loans for capital facility planning under this chapter; of this amount, not more than ten percent of the biennial capital budget appropriation may be expended for emergency loans and not more than one percent of the biennial capital budget appropriation may be expended for capital facility planning loans. For the 2005-2007 biennium, moneys in the account may be used for grants for projects identified in section 138, chapter 488, Laws of 2005 and for projects identified in section 2 of this act.

NEW SECTION. Sec. 5 Section 3 of this act expires June 30, 2011.

NEW SECTION. Sec. 6 Section 4 of this act takes effect June 30, 2011.

NEW SECTION. Sec. 7 This act is necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and takes effect immediately.

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