Bill
Bill > SB5748
summary
Introduced
02/13/2025
02/13/2025
In Committee
02/13/2025
02/13/2025
Crossed Over
Passed
Dead
Introduced Session
2025-2026 Regular Session
Bill Summary
AN ACT Relating to incentivizing the substantial reduction or 2 elimination of impact fees; adding a new section to chapter 82.14 3 RCW; and creating a new section. 4
AI Summary
This bill addresses impact fees, which are charges imposed by local governments on new development to help fund infrastructure needs. The bill provides a voluntary mechanism for counties and cities to reduce or eliminate impact fees while creating an alternative funding source through a local sales and use tax. Specifically, local governments can impose a sales and use tax up to 1% (with voter approval) if they substantially reduce their impact fees by at least 50%. The tax revenue must be specifically earmarked and used for the same types of public facilities that the original impact fees were intended to fund, such as roads, parks, or utilities. The legislature recognizes that impact fees can sometimes be a barrier to new housing development, but also acknowledges the critical importance of infrastructure funding. The bill allows local governments to choose this approach, giving them flexibility in funding infrastructure while potentially making new development more affordable. Any implementation of this tax option requires a public vote, ensuring local consent, and the tax rate must be reviewed every three years to ensure it remains appropriate to anticipated infrastructure needs.
Committee Categories
Budget and Finance
Sponsors (7)
Jeff Wilson (R)*,
Keith Goehner (R),
Paul Harris (R),
Jeff Holy (R),
Jim McCune (R),
Keith Wagoner (R),
Judy Warnick (R),
Last Action
Executive session scheduled, but no action was taken in the Senate Committee on Ways & Means at 1:30 PM. (on 02/27/2025)
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://app.leg.wa.gov/billsummary?BillNumber=5748&Year=2025&Initiative=false |
Senate Bill Report | https://lawfilesext.leg.wa.gov/biennium/2025-26/Pdf/Bill%20Reports/Senate/5748%20SBR%20WM%20TA%2025.pdf |
Senate Bill Report (Orig.) | https://lawfilesext.leg.wa.gov/biennium/2025-26/Pdf/Bill%20Reports/Senate/5748%20SBA%20WM%2025.pdf |
BillText | https://lawfilesext.leg.wa.gov/biennium/2025-26/Pdf/Bills/Senate%20Bills/5748.pdf |
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