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WA HB1650

Bill

Official Source

Status

Passed

4/21/2025

Primary Sponsor

Tom Dent

Click for details

Origin

House of Representatives

2025-2026 Regular Session

AI Summary

  • Adds airports to the list of eligible capital projects that counties and cities can fund using local real estate excise tax (REET) revenues
  • Qualifying airports must be included in the Washington aviation system plan or be in the national plan of integrated airport systems with fewer than 10,000 annual enplanements
  • Excludes installation or improvement of fuel systems for leaded fuel distribution at airports from eligible capital projects
  • Amends RCW 82.46.010 and 82.46.035, which govern the 0.25% and 0.5% local REET rates
  • Effective date: July 27, 2025

Legislative Description

Concerning the addition of airport capital projects as an allowable use of local real estate excise tax revenues.

Last Action

Effective date 7/27/2025.

4/21/2025

Committee Referrals

Rules4/4/2025
Ways & Means3/14/2025
Rules2/28/2025
Finance1/28/2025

Full Bill Text

No bill text available