SHB 1695 -
By Representative Hunter
NOT CONSIDERED
On page 9, after line 3, insert the following:
"(m) Revenue under this section used to repay general obligation or
revenue bonds, as provided in (d)(ii) and (iii) of this subsection, may
only be used for such repayment if the bonds are issued on or after
January 1, 2021."
EFFECT: Prohibits King County from using lodging tax revenues to repay bonds for workforce housing or tourism promotion unless the bonds are issued on or after January 1, 2021.