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Bill > SB5386

WA SB5386

Reducing administrative complexity by increasing transparency of revenue flows for activities funded by document recording fees.

summary

Introduced
01/16/2023
In Committee
04/04/2023
Crossed Over
03/03/2023
Passed
04/20/2023
Dead
Signed/Enacted/Adopted
05/04/2023

Introduced Session

2023-2024 Regular Session

Bill Summary

AN ACT Relating to reducing administrative complexity by 2 increasing transparency of revenue flows for activities funded by 3 document recording fees; amending RCW 43.185C.010, 43.185C.045, 4 43.185C.070, 43.185C.080, 43.185C.185, 36.18.010, 84.36.560, and 5 84.36.675; reenacting and amending RCW 43.185C.060, 43.185C.190, and 6 59.18.030; adding a new section to chapter 36.22 RCW; repealing RCW 7 36.22.176, 36.22.178, 36.22.179, 36.22.1791, 43.185C.061, and 8 43.185C.215; and providing an expiration date. 9

AI Summary

This bill proposes to reduce administrative complexity by increasing transparency of revenue flows for activities funded by document recording fees. The key provisions are: - Establishing a $183 surcharge per recorded instrument, with some exemptions, and specifying how the collected funds will be distributed and used - including for the home security fund, affordable housing for all, and the landlord mitigation program. - Amending various statutes related to homelessness assistance programs, including the home security fund account, homeless housing grant program, and eviction prevention rental assistance program, to align with the new surcharge structure. - Repealing existing recording fee surcharges and accounts that are being replaced by the new surcharge established in the bill. This bill aims to streamline and consolidate the revenue sources and uses related to homelessness assistance and affordable housing programs in Washington state.

Committee Categories

Budget and Finance, Housing and Urban Affairs

Sponsors (4)

Last Action

Effective date 7/23/2023. (on 05/04/2023)

bill text

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bill summary

Document Type Source Location
State Bill Page https://app.leg.wa.gov/billsummary?BillNumber=5386&Year=2023&Initiative=false
Fiscal Note - 5386 SSB AMH APP H1866.1 (Final) https://fnspublic.ofm.wa.gov/FNSPublicSearch/GetPDF?packageID=68695
Fiscal Note - 5386 SSB (Final) https://fnspublic.ofm.wa.gov/FNSPublicSearch/GetPDF?packageID=67579
Fiscal Note - 5386 SB (Final) https://fnspublic.ofm.wa.gov/FNSPublicSearch/GetPDF?packageID=66782
BillText https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bills/Session%20Laws/Senate/5386-S.SL.pdf
BillText https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bills/Senate%20Passed%20Legislature/5386-S.PL.pdf
Final Bill Report https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bill%20Reports/Senate/5386-S%20SBR%20FBR%2023.pdf
Substitute House Bill Report https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bill%20Reports/House/5386-S%20HBR%20APH%2023.pdf
Substitute Senate Bill Report https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bill%20Reports/Senate/5386-S%20SBR%20HA%2023.pdf
Appropriations 5386-S AMH APP H1866.1 https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Amendments/House/5386-S%20AMH%20APP%20H1866.1.pdf
Substitute House Bill Report https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bill%20Reports/House/5386-S%20HBR%20APP%2023.pdf
Substitute House Bill Report https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bill%20Reports/House/5386-S%20HBR%20HOUS%2023.pdf
Substitute House Bill Analysis 2023 https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bill%20Reports/House/5386-S%20HBA%20HOUS%2023.pdf
Substitute Senate Bill Report https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bill%20Reports/Senate/5386-S%20SBR%20APS%2023.pdf
Senate Bill Report https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bill%20Reports/Senate/5386%20SBR%20WM%20OC%2023.pdf
Senate Bill Report https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bill%20Reports/Senate/5386%20SBR%20WM%20TA%2023.pdf
Senate Bill Report https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bill%20Reports/Senate/5386%20SBA%20WM%2023.pdf
BillText https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bills/Senate%20Bills/5386-S.pdf
Senate Bill Report https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bill%20Reports/Senate/5386%20SBR%20HSG%20OC%2023.pdf
Senate Bill Report https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bill%20Reports/Senate/5386%20SBR%20HSG%20TA%2023.pdf
Senate Bill Report (Orig.) https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bill%20Reports/Senate/5386%20SBA%20HSG%2023.pdf
BillText https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bills/Senate%20Bills/5386.pdf
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