Bill > SB5759

This bill establishes the "Own Your Own Art Purchase Program" in Washington state, inspired by a similar initiative in Tasmania. The program will provide interest-free or low-interest loans between $1,000 and $12,000 to eligible individuals (U.S. residents aged 18 or older) to purchase original artwork by Washington state artists, including indigenous artists. Loan recipients must use the art for personal purposes and agree not to export the artwork while the loan is outstanding. The primary goals of the program are to support local artists by increasing their income and visibility, stimulate the arts economy, make art more accessible, and enrich the state's cultural landscape. The Washington State Arts Commission will administer the program, potentially using gifts, grants, and legislative appropriations. Loans will be repaid in 12 equal monthly installments, with the commission establishing a payment collection process, potentially including direct debit and late payment fees. By facilitating art purchases, the program aims to create a mutually beneficial ecosystem that connects art buyers with local artists and promotes cultural engagement.

Government Affairs

https://app.leg.wa.gov/billsummary?BillNumber=5759&Year=2025&Initiative=false