WA HB2528

Counties and cities planning under the Growth Management Act may impose an additional real estate excise tax up to 0.25% of selling price without requiring voter approval (removes previous voter approval requirement for certain counties)

Tax revenues must fund capital projects specified in comprehensive plans, including streets, roads, bridges, water systems, sewer systems, parks, certain airports, homeless facilities, and affordable housing

Counties and cities may use the greater of $100,000 or 25% of available funds for homeless facilities and affordable housing projects

Jurisdictions using funds for homeless/affordable housing must document in their capital facilities plan that they have funds for basic infrastructure projects over the next two years

Governor may temporarily rescind a county or city's authority to impose this tax by filing a notice of noncompliance under the Growth Management Act