reglab/housing_qa huggingface dataset:
WA Rev Code § 43.160.080 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.160 - Economic Development—Public Facilities Loans and Grants.|43.160.080 - Public facilities construction loan revolving account.

RCW 43.160.080 Public facilities construction loan revolving account.There shall be a fund in the state treasury known as the public facilities construction loan revolving account, which shall consist of all moneys collected under this chapter and any moneys appropriated to it by law. Disbursements from the revolving account shall be on authorization of the board. In order to maintain an effective expenditure and revenue control, the public facilities construction loan revolving account shall be subject in all respects to chapter 43.88 RCW. During the 2013-2015 biennium, amounts in the public facilities construction loan revolving account may be used for the animal disease traceability project in section 3247, chapter 19, Laws of 2013 2nd sp. sess., administered by the department of agriculture. During the 2013-2015 biennium, sums in the public facilities construction loan revolving account may be used for the clean energy partnership project in section 1038, chapter 19, Laws of 2013 2nd sp. sess. During the 2015-2017 biennium, sums in the public facilities construction loan revolving account may be used to continue and enhance the animal disease traceability project in section 3247, chapter 19, Laws of 2013 2nd sp. sess., administered by the department of agriculture. During the 2015-2017 biennium, sums in the public facilities construction loan revolving account may be used for the clean energy partnership project in section 1038, chapter 19, Laws of 2013 2nd sp. sess.[ 2015 3rd sp.s. c 3 § 7034; 2015 3rd sp.s. c 3 § 6029; 2010 1st sp.s. c 36 § 6011; 2008 c 327 § 11; 1998 c 321 § 30 (Referendum Bill No. 49, approved November 3, 1998); 1992 c 235 § 10; 1991 sp.s. c 13 § 115; 1987 c 422 § 6; 1984 c 257 § 12; 1983 1st ex.s. c 60 § 6; 1982 1st ex.s. c 40 § 8.]NOTES:Reviser's note: This section was amended by 2015 3rd sp.s. c 3 § 6029 and by 2015 3rd sp.s. c 3 § 7034, each without reference to the other. Both amendments are incorporated in the publication of this section under RCW 1.12.025(2). For rule of construction, see RCW 1.12.025(1).Effective date—2015 3rd sp.s. c 3: "This act is necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and takes effect immediately [June 30, 2015]." [ 2015 3rd sp.s. c 3 § 7045.]Effective date—2010 1st sp.s. c 36: See note following RCW 43.155.050.Effective date—2008 c 327 §§ 1, 2, 4-11, 17: See note following RCW 43.160.010.Purpose—Severability—1998 c 321: See notes following RCW 82.14.045.Contingent effective dates—1998 c 321 §§ 23-42: See note following RCW 35.58.410.Effective dates—Severability—1991 sp.s. c 13: See notes following RCW 18.08.240.
WA Rev Code § 43.160.090 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.160 - Economic Development—Public Facilities Loans and Grants.|43.160.090 - Records—Audits.

RCW 43.160.090 Records—Audits.The board and the department shall keep proper records of accounts and shall be subject to audit by the state auditor.[ 1996 c 51 § 8; 1987 c 505 § 42; 1982 1st ex.s. c 40 § 9.]NOTES:Severability—Effective dates—1996 c 51: See notes following RCW 43.160.010.
WA Rev Code § 43.160.900 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.160 - Economic Development—Public Facilities Loans and Grants.|43.160.900 - Community economic revitalization board—Evaluations of financial assistance—Reporting of evaluations.

RCW 43.160.900 Community economic revitalization board—Evaluations of financial assistance—Reporting of evaluations.(1) The community economic revitalization board shall conduct biennial outcome-based evaluations of the financial assistance provided under this chapter. The evaluations shall include information on the number of applications for community economic revitalization board assistance; the number and types of projects approved; the grant or loan amount awarded each project; the projected number of jobs created or retained by each project; the actual number and cost of jobs created or retained by each project; the wages and health benefits associated with the jobs; the amount of state funds and total capital invested in projects; the number and types of businesses assisted by funded projects; the location of funded projects; the transportation infrastructure available for completed projects; the local match and local participation obtained; the number of delinquent loans; and the number of project terminations. The evaluations may also include additional performance measures and recommendations for programmatic changes.(2) The evaluation must be presented to the governor and appropriate committees of the legislature by December 31st of each even-numbered year. The initial evaluation must be submitted by December 31, 2010.[ 2014 c 112 § 109; 2008 c 327 § 9; 1993 c 320 § 8; 1987 c 422 § 10; 1985 c 446 § 25; 1982 1st ex.s. c 40 § 10.]NOTES:Effective date—2008 c 327 §§ 1, 2, 4-11, 17: See note following RCW 43.160.010.Effective date—1993 c 320 § 8: "Section 8 of this act is necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and shall take effect immediately [May 12, 1993]." [ 1993 c 320 § 12.]
WA Rev Code § 43.160.902 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.160 - Economic Development—Public Facilities Loans and Grants.|43.160.902 - Captions not part of law—1984 c 257.

RCW 43.160.902 Captions not part of law—1984 c 257.As used in this act, captions constitute no part of the law.[ 1984 c 257 § 14.]
WA Rev Code § 43.163.005 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.163 - Economic Development Finance Authority.|43.163.005 - Purpose—Construction.

RCW 43.163.005 Purpose—Construction.Economic development is essential to the health, safety, and welfare of all Washington citizens by broadening and strengthening state and local tax bases, providing meaningful employment opportunities and thereby enhancing the quality of life. Economic development increasingly is dependent upon the ability of small-sized and medium-sized businesses and farms to finance growth and trade activities. Many of these businesses face an unmet need for capital that limits their growth. These unmet capital needs are a problem in both urban and rural areas which cannot be solved by the private sector alone. There presently exist some federal programs, private credit enhancements and other financial tools to complement the private banking industry in providing this needed capital. More research is needed to develop effective strategies to enhance access to capital and thereby stimulate economic development.It is the purpose of this chapter to establish a state economic development finance authority to act as a financial conduit that, without using state funds or lending the credit of the state or local governments, can issue nonrecourse revenue bonds, and participate in federal, state, and local economic development programs to help facilitate access to needed capital by Washington businesses that cannot otherwise readily obtain needed capital on terms and rates comparable to large corporations, and can help local governments obtain capital more efficiently. It is also a primary purpose of this chapter to encourage the employment and retention of Washington workers at meaningful wages and to develop innovative approaches to the problem of unmet capital needs. This chapter is enacted to accomplish these and related purposes and shall be construed liberally to carry out its purposes and objectives.[ 1990 c 53 § 1; 1989 c 279 § 1.]NOTES:Findings—Purpose—1994 c 302: "The legislature finds that when public funds are used to support private enterprise, the public may gain through the creation of new jobs, the diversification of the economy, or higher quality jobs for existing workers. The legislature further finds that such returns on public investments are not automatic and that tax-based incentives, in particular, may result in a greater tax burden on businesses and individuals that are not eligible for the public support. It is the purpose of this *chapter to collect information sufficient to allow the legislature and the executive branch to make informed decisions about the merits of existing tax-based incentives and loan programs intended to encourage economic development in the state." [ 1994 c 302 § 1.]*Reviser's note: 1994 c 302 § 2 was vetoed. 1994 c 302 § 3 is a codification direction and 1994 c 302 § 4 is an emergency clause. The code reviser's office chose not to create a new chapter for the only remaining section, section 1.
WA Rev Code § 43.163.030 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.163 - Economic Development Finance Authority.|43.163.030 - Small businesses—Funding of export transactions.

RCW 43.163.030 Small businesses—Funding of export transactions.(1) The authority, in cooperation with the small business export finance assistance center and other export assistance entities, is authorized to develop and conduct a program or programs to provide for the funding of export transactions for small businesses which are unable to obtain funding from private commercial lenders.(2) The authority is authorized to secure or provide guaranties or insurance for loans and otherwise to provide for loans for any eligible export transaction. Loans may be made either directly by the authority or through an eligible banking organization. For such purpose, the authority may use funds legally available to it to provide for insurance or to guarantee eligible export transactions for which guaranteed funding has been provided.(3) The authority shall make every effort to cause guaranties or insurance to be provided from the export-import bank of the United States, the foreign credit insurance association, the small business administration or such other similar or succeeding federal or private programs whose financial performance in the guarantee or insurance of export transactions is sound and recognized in the financial community. The maximum amount payable under any guaranty shall be specifically set forth in writing at the time any such guaranteed funding is entered into by the authority.(4) Prior to providing or securing a guarantee of funding or otherwise providing for a loan for any eligible export transaction hereunder, the authority shall obtain assurance that there has been made an investigation of the credit of the exporter in order to determine its viability, the economic benefits to be derived from the eligible export transaction, the prospects for repayment, and such other facts as it deems necessary in order to determine that such guaranteed funding is consistent with the purposes of this chapter.[ 1989 c 279 § 4.]NOTES:Small business export finance assistance center: Chapter 43.210 RCW.
WA Rev Code § 43.163.040 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.163 - Economic Development Finance Authority.|43.163.040 - Farmers—Advance financing, agriculture conservation reserve program.

RCW 43.163.040 Farmers—Advance financing, agriculture conservation reserve program.To provide capital for economic development purposes, the authority is authorized to develop and conduct a program or programs to provide advance financing to eligible farmers in respect of the contract payments due to them under the federal department of agriculture conservation reserve program. Such advance financing may be provided in the form of lease, sale, loan or other similar financing transactions.[ 1989 c 279 § 5.]
WA Rev Code § 43.163.050 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.163 - Economic Development Finance Authority.|43.163.050 - Pooling of loans.

RCW 43.163.050 Pooling of loans.The authority is authorized to develop and conduct a program or programs to promote small business and agricultural financing in the state through the pooling of loans or portions of loans made or guaranteed through programs administered by federal agencies including the small business or farmers home administrations. For such purpose, the authority may acquire from eligible banking organizations and other financial intermediaries who make or hold loans made or guaranteed through programs administered by the federal small business or farmers home administrations all or portions of such loans, and the authority may contract or coordinate with parties authorized to acquire or pool loans made or guaranteed by a federal agency or with parties authorized to administer such loan or guarantee programs.[ 1990 c 53 § 3; 1989 c 279 § 6.]
WA Rev Code § 43.163.060 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.163 - Economic Development Finance Authority.|43.163.060 - Scope of authority's powers—Duties of other agencies.

RCW 43.163.060 Scope of authority's powers—Duties of other agencies.(1) The authority is authorized to participate fully in federal and other governmental economic development finance programs and to take such actions as are necessary and consistent with this chapter to secure to itself and the people of the state the benefits of those programs and to meet their requirements.(2) The authority shall coordinate its programs with those contributing to a common purpose found elsewhere in the departments of *community, trade, and economic development, agriculture or employment security, or any other department or organization of, or affiliated with, the state or federal government, and shall avoid any duplication of such activities or programs provided elsewhere. The departments of *community, trade, and economic development, agriculture, employment security and other relevant state agencies shall provide to the authority all reports prepared in the course of their ongoing activities which may assist in the identification of unmet capital financing needs by small-sized and medium-sized businesses in the state.[ 1995 c 399 § 90; 1989 c 279 § 7.]NOTES:*Reviser's note: The "department of community, trade, and economic development" was renamed the "department of commerce" by 2009 c 565.
WA Rev Code § 43.163.070 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.163 - Economic Development Finance Authority.|43.163.070 - Use of funds.

RCW 43.163.070 Use of funds.The authority may use any funds legally available to it for any purpose specifically authorized by this chapter, or for otherwise improving economic development in this state by assisting businesses and farm enterprises that do not have access to capital at terms and rates comparable to large corporations due to the location of the business, the size of the business, the lack of financial expertise, or other appropriate reasons: PROVIDED, That no funds of the state shall be used for such purposes.[ 1990 c 53 § 4; 1989 c 279 § 8.]
WA Rev Code § 43.163.080 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.163 - Economic Development Finance Authority.|43.163.080 - General operating procedures.

RCW 43.163.080 General operating procedures.(1) The authority shall adopt general operating procedures for the authority. The authority shall also adopt operating procedures for individual programs as they are developed for obtaining funds and for providing funds to borrowers. These operating procedures shall be adopted by resolution prior to the authority operating the applicable programs.(2) The operating procedures shall include, but are not limited to: (a) Appropriate minimum reserve requirements to secure the authority's bonds and other obligations; (b) appropriate standards for securing loans and other financing the authority provides to borrowers, such as guarantees or collateral; and (c) strict standards for providing financing to borrowers, such as (i) the borrower is a responsible party with a high probability of being able to repay the financing provided by the authority, (ii) the financing is reasonably expected to provide economic growth or stability in the state by enabling a borrower to increase or maintain jobs or capital in the state, (iii) the borrowers with the greatest needs or that provide the most public benefit are given higher priority by the authority, and (iv) the financing is consistent with any plan adopted by the authority under RCW 43.163.090.[ 1994 c 238 § 2; 1990 c 53 § 5; 1989 c 279 § 9.]NOTES:Severability—Effective date—1994 c 238: See notes following RCW 43.163.010.
WA Rev Code § 43.163.090 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.163 - Economic Development Finance Authority.|43.163.090 - Economic development finance objectives plan.

RCW 43.163.090 Economic development finance objectives plan.The authority shall adopt a general plan of economic development finance objectives to be implemented by the authority during the period of the plan. The authority may exercise the powers authorized under this chapter prior to the adoption of the initial plan. In developing the plan, the authority shall consider and set objectives for:(1) Employment generation associated with the authority's programs;(2) The application of funds to sectors and regions of the state economy evidencing need for improved access to capital markets and funding resources;(3) Geographic distribution of funds and programs available through the authority;(4) Eligibility criteria for participants in authority programs;(5) The use of funds and resources available from or through federal, state, local, and private sources and programs;(6) Standards for economic viability and growth opportunities of participants in authority programs;(7) New programs which serve a targeted need for financing assistance within the purposes of this chapter; and(8) Opportunities to improve capital access as evidenced by programs existent in other states or as they are made possible by results of private capital market circumstances.The authority shall, as part of the finance plan required under this section, develop an outreach and marketing plan designed to increase its financial services to rural counties. As used in this section, "rural counties" means counties smaller than two hundred twenty-five square miles or as defined in RCW 43.168.020.At least one public hearing shall be conducted by the authority on the plan prior to its adoption. The plan shall be adopted by resolution of the authority no later than November 15, 1990. The authority may periodically update the plan as determined necessary by the authority. The plan or updated plan shall include a report on authority activities conducted since the commencement of authority operation or since the last plan was reported, whichever is more recent, including a statement of results achieved under the purposes of this chapter and the plan. Upon adoption, the authority shall conduct its programs in observance of the objectives established in the plan.[ 2001 c 304 § 1; 1998 c 245 § 50; 1997 c 257 § 1; 1989 c 279 § 10.]NOTES:Effective date—2001 c 304: "This act is necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and takes effect immediately [May 14, 2001]." [ 2001 c 304 § 4.]
WA Rev Code § 43.163.110 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.163 - Economic Development Finance Authority.|43.163.110 - Restrictions on authority's activity.

RCW 43.163.110 Restrictions on authority's activity.Notwithstanding any other provision of this chapter, the authority shall not:(1) Give any state money or property or loan any state money or credit to or in aid of any individual, association, company, or corporation, or become directly or indirectly the owner of any stock in or bonds of any association, company, or corporation;(2) Issue bills of credit or accept deposits of money for time or demand deposit, administer trusts, engage in any form or manner in, or in the conduct of, any private or commercial banking business, or act as a savings bank or savings and loan association other than as provided in this chapter;(3) Be or constitute a bank or trust company within the jurisdiction or under the control of the director of financial institutions, the comptroller of the currency of the United States of America or the treasury department thereof;(4) Be or constitute a bank, broker or dealer in securities within the meaning of, or subject to the provisions of, any securities, securities exchange or securities dealers' law of the United States of America or the state;(5) Engage in the financing of housing as provided for in chapter 43.180 RCW;(6) Engage in the financing of health care facilities as provided for in chapter 70.37 RCW; or(7) Engage in financing higher education facilities as provided for in chapter 28B.07 RCW.[ 1994 c 92 § 499; 1989 c 279 § 12.]
WA Rev Code § 43.163.120 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.163 - Economic Development Finance Authority.|43.163.120 - Staffing, restrictions—Authority not to receive appropriated state funds.

RCW 43.163.120 Staffing, restrictions—Authority not to receive appropriated state funds.The authority shall receive no appropriation of state funds. The *department of community, trade, and economic development shall provide staff to the authority, to the extent permitted by law, to enable the authority to accomplish its purposes; the staff from the *department of community, trade, and economic development may assist the authority in organizing itself and in designing programs, but shall not be involved in the issuance of bonds or in making credit decisions regarding financing provided to borrowers by the authority.[ 1998 c 245 § 51; 1994 c 238 § 3; 1989 c 279 § 13.]NOTES:*Reviser's note: The "department of community, trade, and economic development" was renamed the "department of commerce" by 2009 c 565.Severability—Effective date—1994 c 238: See notes following RCW 43.163.010.