SB 5040 - DIGEST

(SEE ALSO PROPOSED 1ST SUB)

Appropriates the sum of two million two hundred fifty thousand dollars from the general fund-state for the fiscal year ending June 30, 2006, and the sum of two million two hundred fifty thousand dollars is appropriated from the general fund-state for the fiscal year ending June 30, 2007, to the department of community, trade, and economic development solely for deposit in the public facility construction loan revolving account for the purposes of chapter 43.160 RCW.

Authorizes the department of community, trade, and economic development to enter into an agreement with the community economic revitalization board to implement the small business incubator program under RCW 43.176.030 and to serve as the department's designee in making expenditures from the small business incubator account under RCW 43.176.040.