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Bill > HB1474

WA HB1474

Creating the covenant homeownership account and program to address the history of housing discrimination due to racially restrictive real estate covenants in Washington state.

summary

Introduced
01/20/2023
In Committee
04/03/2023
Crossed Over
03/02/2023
Passed
04/20/2023
Dead
Signed/Enacted/Adopted
05/08/2023

Introduced Session

2023-2024 Regular Session

Bill Summary

AN ACT Relating to creating the covenant homeownership account 2 and program to address the history of housing discrimination due to 3 racially restrictive real estate covenants in Washington state; 4 amending RCW 36.18.010, 43.84.092, and 43.84.092; reenacting and 5 amending RCW 42.56.270; adding a new section to chapter 36.22 RCW; 6 adding a new chapter to Title 43 RCW; creating new sections; 7 providing an effective date; and providing an expiration date. 8

AI Summary

This bill creates the covenant homeownership account and program to address the history of housing discrimination due to racially restrictive real estate covenants in Washington state. It establishes a $100 assessment on recorded documents to fund the program, which will provide down payment and closing cost assistance to first-time home buyers from historically marginalized communities. The bill also creates an oversight committee to monitor the program and requires periodic studies to evaluate its effectiveness in reducing racial disparities in homeownership.

Committee Categories

Budget and Finance, Housing and Urban Affairs

Sponsors (44)

Jamila Taylor (D)*,  Emily Alvarado (D),  Jessica Bateman (D),  April Berg (D),  Steve Bergquist (D),  Liz Berry (D),  Dan Bronoske (D),  Lisa Callan (D),  Mike Chapman (D),  Frank Chopp (D),  Julio Cortes (D),  Lauren Davis (D),  Beth Doglio (D),  Davina Duerr (D),  Darya Farivar (D),  Jake Fey (D),  Mary Fosse (D),  Roger Goodman (D),  Mia Gregerson (D),  David Hackney (D),  Shelley Kloba (D),  Nicole Macri (D),  Sharlett Mena (D),  Melanie Morgan (D),  Timm Ormsby (D),  Lillian Ortiz-Self (D),  Tina Orwall (D),  Strom Peterson (D),  Gerry Pollet (D),  Alex Ramel (D),  Bill Ramos (D),  Julia Reed (D),  Marcus Riccelli (D),  Cindy Ryu (D),  Tana Senn (D),  Tarra Simmons (D),  Vandana Slatter (D),  Larry Springer (D),  Chris Stearns (D),  Monica Stonier (D),  Chipalo Street (D),  My-Linh Thai (D),  Sharon Tomiko Tomiko Santos (D),  Sharon Wylie (D), 

Last Action

Effective date 7/23/2023*. (on 05/08/2023)
(1 Companion Bills)

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bill summary

Document Type Source Location
State Bill Page https://app.leg.wa.gov/billsummary?BillNumber=1474&Year=2023&Initiative=false
Fiscal Note - 1474 2SHB AMS WM S2960.1 (Final) https://fnspublic.ofm.wa.gov/FNSPublicSearch/GetPDF?packageID=68510
Fiscal Note - 1474 HB (Final) https://fnspublic.ofm.wa.gov/FNSPublicSearch/GetPDF?packageID=67478
Fiscal Note - 1474 2SHB AMS HSG S2548.1 (Final) https://fnspublic.ofm.wa.gov/FNSPublicSearch/GetPDF?packageID=68393
Fiscal Note - 1474 2SHB (Final) https://fnspublic.ofm.wa.gov/FNSPublicSearch/GetPDF?packageID=68419
Fiscal Note - 1474 2SHB (Partial) https://fnspublic.ofm.wa.gov/FNSPublicSearch/GetPDF?packageID=67815
Fiscal Note - 1474 SHB (Final) https://fnspublic.ofm.wa.gov/FNSPublicSearch/GetPDF?packageID=67613
Fiscal Note - 1474 SHB (Partial) https://fnspublic.ofm.wa.gov/FNSPublicSearch/GetPDF?packageID=67259
Fiscal Note - 1474 HB (Partial) https://fnspublic.ofm.wa.gov/FNSPublicSearch/GetPDF?packageID=66855
Final Bill Report https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bill%20Reports/House/1474-S2%20HBR%20FBR%2023.pdf
BillText https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bills/Session%20Laws/House/1474-S2.SL.pdf
Second Substitute House Bill Report https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bill%20Reports/House/1474-S2%20HBR%20PL%2023.pdf
BillText https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bills/House%20Passed%20Legislature/1474-S2.PL.pdf
Second Substitute Senate Bill Report https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bill%20Reports/Senate/1474-S2%20SBR%20APS%2023.pdf
Second Substitute House Bill Report https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bill%20Reports/House/1474-S2%20HBR%20SA%2023.pdf
Fortunato 1474-S2 AMS FORT S3149.1 https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Amendments/Senate/1474-S2%20AMS%20FORT%20S3149.1.pdf
Fortunato 1474-S2 AMS FORT BENG 036 https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Amendments/Senate/1474-S2%20AMS%20FORT%20BENG%20036.pdf
Kuderer 1474-S2 AMS KUDE S3028.1 https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Amendments/Senate/1474-S2%20AMS%20KUDE%20S3028.1.pdf
Ways & Means 1474-S2 AMS WM S2960.1 https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Amendments/Senate/1474-S2%20AMS%20WM%20S2960.1.pdf
Second Substitute Senate Bill Report https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bill%20Reports/Senate/1474-S2%20SBR%20WM%20OC%2023.pdf
Second Substitute Senate Bill Report https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bill%20Reports/Senate/1474-S2%20SBR%20WM%20TA%2023.pdf
Second Substitute Senate Bill Report https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bill%20Reports/Senate/1474-S2%20SBA%20WM%2023.pdf
Housing 1474-S2 AMS HSG S2548.1 https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Amendments/Senate/1474-S2%20AMS%20HSG%20S2548.1.pdf
Second Substitute Senate Bill Report https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bill%20Reports/Senate/1474-S2%20SBR%20HSG%20OC%2023.pdf
Second Substitute Senate Bill Report https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bill%20Reports/Senate/1474-S2%20SBR%20HSG%20TA%2023.pdf
Second Substitute Senate Bill Report (Orig.) https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bill%20Reports/Senate/1474-S2%20SBA%20HSG%2023.pdf
Second Substitute House Bill Report https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bill%20Reports/House/1474-S2%20HBR%20APH%2023.pdf
Connors 1474-S2 AMH CONN VASE 019 https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Amendments/House/1474-S2%20AMH%20CONN%20VASE%20019.pdf
BillText https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bills/House%20Bills/1474-S2.pdf
House Bill Report https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bill%20Reports/House/1474%20HBR%20APP%2023.pdf
BillText https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bills/House%20Bills/1474-S.pdf
House Bill Report https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bill%20Reports/House/1474%20HBR%20HOUS%2023.pdf
House Bill Analysis 2023 https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bill%20Reports/House/1474%20HBA%20HOUS%2023.pdf
BillText https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bills/House%20Bills/1474.pdf
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