Provides that, by December 1, 2007, the department of community, trade, and economic development, in coordination with the office of the superintendent of public instruction, will study how local governments that are required or choose to plan under RCW 36.70A.040 and the school districts within whose boundaries they are located could assure that permanent public school facility space adequate to serve enrollment generated by residential development and proximately located to the development is in place at the time the enrollment is generated; develop recommendations for statutory requirements, funding mechanisms, and planning processes; and present the study and recommendations to the governor, the superintendent of public instruction, and the legislature. The study and recommendations shall assist the local governments and school districts in achieving their overall school facility and community planning and development objectives.