reglab/housing_qa huggingface dataset:
WA Rev Code § 39.98.060 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.98 - School District Credit Enhancement Program.|39.98.060 - Reimbursement of state-paid debt service payments—Interest and penalties—Legal actions—Revision of collection of taxes to meet obligations.

RCW 39.98.060 Reimbursement of state-paid debt service payments—Interest and penalties—Legal actions—Revision of collection of taxes to meet obligations.(1) Any district that has issued bonds for which the state has made all or part of a debt service payment shall:(a) Reimburse all money drawn by the state treasurer on its behalf;(b) Pay interest to the state on all money paid by the state from the date that money was drawn to the date the state is repaid at a rate to be prescribed by rule by the state finance committee; and(c) Pay all penalties required by this chapter.(2)(a) The state treasurer shall establish the reimbursement interest rate after considering the circumstances of any prior draws by the district on the state, market interest and penalty rates, and the cost of funds or opportunity cost of investments, if any, that were required to be borrowed or liquidated by the state to make payment on the bonds.(b) The state treasurer may, after considering the circumstances giving rise to the failure of the district to make payment on its bonds in a timely manner, impose on the district a penalty of not more than five percent of the amount paid by the state pursuant to its guaranty for each instance in which a payment by the state is made.(3)(a)(i) If the state treasurer determines that amounts obtained under this chapter will not reimburse the state in full within one year from the state's payment of a district's scheduled debt service payment, the state treasurer may pursue any legal action, including mandamus, against the district to compel it to meet its repayment obligations to the state.(ii) In pursuing its rights under (a)(i) of this subsection, the state shall have the same substantive and procedural rights as would a holder of the bonds of a district. If and to the extent that the state has made payments to the holders of bonds of a district under RCW 39.98.050 and has not been reimbursed by the district, the state shall be subrogated to the rights of those bond holders.(iii) The state treasurer may also direct the district and the appropriate county officials to restructure and revise the collection of taxes for the payment of bonds on which the state treasurer has made payments under this chapter and, to the extent permitted by law, may require that the proceeds of such taxes be applied to the district's obligations to the state if all outstanding obligations of the school district payable from such taxes are fully paid or their payment is fully provided for.(b) The district shall pay the fees, expenses, and costs incurred by the state in recovering amounts paid under the guaranty authorized by this chapter.[ 1999 c 273 § 6.]
WA Rev Code § 39.98.070 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.98 - School District Credit Enhancement Program.|39.98.070 - Appropriation required.

RCW 39.98.070 Appropriation required.In order to effect the provisions of Article VIII, section 1(e) of the state Constitution, Senate Joint Resolution No. 8206, the legislature shall make provision for such amounts as may be required to make timely payments under the state school district credit enhancement program under this chapter in each and every biennial appropriations act.[ 1999 c 273 § 7.]
WA Rev Code § 39.98.080 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.98 - School District Credit Enhancement Program.|39.98.080 - Adoption of rules.

RCW 39.98.080 Adoption of rules.The state finance committee may adopt, under chapter 34.05 RCW, all rules necessary and appropriate for the implementation and administration of this chapter.[ 1999 c 273 § 8.]
WA Rev Code § 39.98.900 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.98 - School District Credit Enhancement Program.|39.98.900 - Contingent effective date—1999 c 273.

RCW 39.98.900 Contingent effective date—1999 c 273.This act takes effect January 1, 2000, if the proposed amendment to Article VIII, section 1 of the state Constitution, guaranteeing the general obligation debt of school districts, is validly submitted to and is approved and ratified by the voters at the next general election. If the proposed amendment is not approved and ratified, this act is void in its entirety.[ 1999 c 273 § 10.]NOTES:Reviser's note: 1999 Senate Joint Resolution No. 8206 was approved at the November 1999 general election. See Article VIII, section 1 and Amendment 78 of the state Constitution.
WA Rev Code § 39.100.020 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.100 - Hospital Benefit Zones.|39.100.020 - Conditions for financing public improvements.

RCW 39.100.020 Conditions for financing public improvements.A local government may finance public improvements using hospital benefit zone financing subject to the following conditions:(1)(a) The local government adopts an ordinance designating a benefit zone within its boundaries and specifying the public improvements proposed to be financed in whole or in part with the use of hospital benefit zone financing;(b) A local government may modify the public improvements to be financed in whole or in part with the use of hospital benefit zone financing by amending the ordinance adopted under (a) of this subsection and holding a public hearing consistent with RCW 39.100.030(1)(b); provided that the total cost of the public improvements is not increased;(2) The public improvements proposed to be financed in whole or in part using hospital benefit zone financing are expected both to encourage private development within the benefit zone and to support the development of a hospital that has received a certificate of need;(3) Private development that is anticipated to occur within the benefit zone, as a result of the public improvements, will be consistent with the countywide planning policy adopted by the county under RCW 36.70A.210 and the local government's comprehensive plan and development regulations adopted under chapter 36.70A RCW;(4) The governing body of the local government finds that the public improvements proposed to be financed in whole or in part using hospital benefit zone financing are reasonably likely to:(a) Increase private investment within the benefit zone;(b) Increase employment within the benefit zone; and(c) Generate, over the period of time that the local sales and use tax will be imposed under RCW 82.14.465, excess state excise taxes that are equal to or greater than the state contributions made under this chapter;(5) The boundaries of a hospital benefit zone may not overlap any part of the boundaries of another hospital benefit zone or a revenue development area defined in chapter 39.102 RCW; and(6) The boundaries of a hospital benefit zone may not change once the hospital benefit zone is established and approved by the department.[ 2011 c 363 § 2; 2007 c 266 § 3; 2006 c 111 § 2.]NOTES:Finding—Application—Effective date—2007 c 266: See notes following RCW 39.100.010.
WA Rev Code § 39.100.030 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.100 - Hospital Benefit Zones.|39.100.030 - Benefit zone creation—Agreement, hearing, and notice requirements—Ordinance requirements.

RCW 39.100.030 Benefit zone creation—Agreement, hearing, and notice requirements—Ordinance requirements.(1) Before adopting an ordinance creating the benefit zone, a local government must:(a) Obtain written agreement for the use of hospital benefit zone financing to finance all or a portion of the costs of the designated public improvements from any taxing authority that imposes a sales or use tax under chapter 82.14 RCW within the benefit zone if the taxing authority chooses to participate in the public improvements to the extent of providing limited funding under hospital benefit zone financing authorized under this chapter. The agreement must be authorized by the governing body of such participating taxing authorities; and(b) Hold a public hearing on the proposed financing of the public improvement in whole or in part with hospital benefit zone financing.(i) Notice of the public hearing must be published in a legal newspaper of general circulation within the proposed benefit zone at least ten days before the public hearing and posted in at least six conspicuous public places located in the proposed benefit zone.(ii) Notices must describe the contemplated public improvements, estimate the costs of the public improvements, describe the portion of the costs of the public improvements to be borne by hospital benefit zone financing, describe any other sources of revenue to finance the public improvements, describe the boundaries of the proposed benefit zone, and estimate the period during which hospital benefit zone financing is contemplated to be used. The public hearing may be held by either the governing body of the local government, or a committee of the governing body that includes at least a majority of the whole governing body.(2) In order to create a benefit zone, a local government must adopt an ordinance establishing the benefit zone that:(a) Describes the public improvements;(b) Describes the boundaries of the benefit zone;(c) Estimates the cost of the public improvements and the portion of these costs to be financed by hospital benefit zone financing;(d) Estimates the time during which excess local excise taxes are to be used to finance public improvement costs associated with the public improvements financed in whole or in part by hospital benefit zone financing;(e) Estimates the average amount of tax revenue to be received in all fiscal years through the imposition of a sales and use tax under RCW 82.14.465;(f) Provides the date when the use of excess local excise taxes will commence; and(g) Finds that the conditions of RCW 39.100.020 are met.(3) For purposes of this section, "fiscal year" means the year beginning July 1st and ending the following June 30th.[ 2007 c 266 § 4; 2006 c 111 § 3.]NOTES:Finding—Application—Effective date—2007 c 266: See notes following RCW 39.100.010.
WA Rev Code § 39.100.040 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.100 - Hospital Benefit Zones.|39.100.040 - Benefit zone ordinance, publicizing and delivery—Challenges to benefit zone formation.

RCW 39.100.040 Benefit zone ordinance, publicizing and delivery—Challenges to benefit zone formation.(1) A local government that adopts an ordinance creating a benefit zone under this chapter shall, within ninety days of adopting the ordinance:(a) Publish notice in a legal newspaper of general circulation within the benefit zone that describes the public improvement, describes the boundaries of the benefit zone, and identifies the location and times where the ordinance and other public information concerning the public improvement may be inspected; and(b) Deliver a certified copy of the ordinance to the county treasurer, the county assessor, the department of revenue, and the governing body of each participating taxing authority within which the benefit zone is located.(2) Any challenge to the formation shall be brought within sixty days of the later of the date of its formation or July 1, 2007. All parties, including the holders of bonds payable from tax revenue under chapter 266, Laws of 2007, may rely upon the presumption of validity of formation of the benefit zone following the expiration of the sixty-day period.[ 2007 c 266 § 5; 2006 c 111 § 4.]NOTES:Finding—Application—Effective date—2007 c 266: See notes following RCW 39.100.010.
WA Rev Code § 39.100.900 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.100 - Hospital Benefit Zones.|39.100.900 - Effective date—2006 c 111.

RCW 39.100.900 Effective date—2006 c 111.This act takes effect July 1, 2006.[ 2006 c 111 § 11.]
WA Rev Code § 39.102.010 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.102 - Local Infrastructure Financing Tool Program.|39.102.010 - Finding.

RCW 39.102.010 Finding. (Expires June 30, 2044.)The legislature recognizes that the state as a whole benefits from investment in public infrastructure because it promotes community and economic development. Public investment stimulates business activity and helps create jobs; stimulates the redevelopment of brownfields and blighted areas in the inner city; lowers the cost of housing; and promotes efficient land use. The legislature finds that these activities generate revenue for the state and that it is in the public interest to invest in these projects through a credit against the state sales and use tax and an allocation of property tax revenue to those sponsoring local governments that can demonstrate the expected returns to the state.[ 2006 c 181 § 101.]
WA Rev Code § 39.102.030 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.102 - Local Infrastructure Financing Tool Program.|39.102.030 - Creation.

RCW 39.102.030 Creation. (Expires June 30, 2044.)The local infrastructure financing tool program is created to assist local governments in financing authorized public infrastructure projects designed to promote economic development in the jurisdiction. The local infrastructure financing tool program is not created to enable existing Washington-based businesses from outside a revenue development area to relocate into a revenue development area.[ 2006 c 181 § 201.]
WA Rev Code § 39.102.050 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.102 - Local Infrastructure Financing Tool Program.|39.102.050 - Demonstration projects.

RCW 39.102.050 Demonstration projects. (Expires June 30, 2044.)(1) In addition to a competitive process, demonstration projects are provided to determine the feasibility of the local infrastructure financing tool. Notwithstanding RCW 39.102.040, the board shall approve each demonstration project. Demonstration project applications must be received by the board no later than July 1, 2008. The Bellingham waterfront redevelopment project award shall not exceed one million dollars per year, the Spokane river district project award shall not exceed one million dollars per year, and the Vancouver riverwest project award shall not exceed five hundred thousand dollars per year. The board shall approve by September 15, 2007, demonstration project applications submitted no later than July 1, 2007. The board shall approve by September 18, 2008, demonstration project applications submitted by July 1, 2008.(2) If before board approval of the final competitive project award in 2008, a demonstration project has not received approval by the board, the state dollars set aside for the demonstration project in subsection (1) of this section shall be available for the competitive application process. If a demonstration project has received a partial award before the approval of the final competitive project award, the remaining state dollars set aside for the demonstration project in subsection (1) of this section shall be available for the competitive process.[ 2007 c 229 § 3; 2006 c 181 § 203.]NOTES:Application—Severability—2007 c 229: See notes following RCW 39.102.020.
WA Rev Code § 39.102.060 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.102 - Local Infrastructure Financing Tool Program.|39.102.060 - Limitations on revenue development areas.

RCW 39.102.060 Limitations on revenue development areas. (Expires June 30, 2044.)The designation of a revenue development area is subject to the following limitations:(1) The taxable real property within the revenue development area boundaries may not exceed one billion dollars in assessed value at the time the revenue development area is designated;(2) The average assessed value per square foot of taxable land within the revenue development area boundaries, as of January 1st of the year the application is submitted to the board under RCW 39.102.040, may not exceed seventy dollars at the time the revenue development area is designated;(3) No revenue development area shall have within its geographic boundaries any part of a hospital benefit zone under chapter 39.100 RCW or any part of another revenue development area created under this chapter;(4) A revenue development area is limited to contiguous tracts, lots, pieces, or parcels of land without the creation of islands of property not included in the revenue development area;(5) The boundaries may not be drawn to purposely exclude parcels where economic growth is unlikely to occur;(6) The public improvements financed through local infrastructure financing must be located in the revenue development area;(7) A revenue development area cannot comprise an area containing more than twenty-five percent of the total assessed value of the taxable real property within the boundaries of the sponsoring local government, including any cosponsoring local government, at the time the revenue development area is designated;(8) The boundaries of the revenue development area shall not be changed for the time period that local infrastructure financing is used; and(9) A revenue development area cannot include any part of an increment area created under chapter 39.89 RCW, except those increment areas created prior to January 1, 2006.[ 2007 c 229 § 4; 2006 c 181 § 204.]NOTES:Application—Severability—2007 c 229: See notes following RCW 39.102.020.
WA Rev Code § 39.102.080 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.102 - Local Infrastructure Financing Tool Program.|39.102.080 - Revenue development area adoption—Process.

RCW 39.102.080 Revenue development area adoption—Process. (Expires June 30, 2044.)Before adopting an ordinance creating the revenue development area, a sponsoring local government must:(1) Obtain written agreement from any participating local government and participating taxing district to use dedicated amounts of local excise tax allocation revenues, local property tax allocation revenues, and other revenues from local public sources in whole or in part, for local infrastructure financing authorized under this chapter. The agreement to opt into the local infrastructure financing public improvement project must be authorized by the governing body of such participating local government and participating taxing district;(2) Estimate the impact of the revenue development area on small business and low-income housing and develop a mitigation plan for the impacted businesses and housing. In analyzing the impact of the revenue development area, the sponsoring local government must develop:(a) An inventory of existing low-income housing units, and businesses and retail activity within the revenue development area;(b) A reasonable estimate of the number of low-income housing units, small businesses, and other commercial activity that may be vulnerable to displacement within the revenue development area;(c) A reasonable estimate of projected net job growth and net housing growth caused by creation of the revenue development area when compared to the existing jobs or housing balance for the area; and(d) A reasonable estimate of the impact of net housing growth on the current housing price mix.[ 2006 c 181 § 206.]
WA Rev Code § 39.102.090 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.102 - Local Infrastructure Financing Tool Program.|39.102.090 - Revenue development area adoption—Ordinance—Hearing and delivery requirements.

RCW 39.102.090 Revenue development area adoption—Ordinance—Hearing and delivery requirements. (Expires June 30, 2044.)(1) To adopt a revenue development area, a sponsoring local government, and any cosponsoring local government, must adopt an ordinance establishing the revenue development area that:(a) Describes the public improvements proposed to be made in the revenue development area;(b) Describes the boundaries of the revenue development area, subject to the limitations in RCW 39.102.060;(c) Estimates the cost of the proposed public improvements and the portion of these costs to be financed by local infrastructure financing;(d) Estimates the time during which local excise tax allocation revenues, local property tax allocation revenues, and other revenues from local public sources are to be used for local infrastructure financing;(e) Provides the date when the use of local excise tax allocation revenues and local property tax allocation revenues will commence; and(f) Finds that the conditions in RCW 39.102.070 are met and the findings in RCW 39.102.080 are complete.(2) The sponsoring local government, and any cosponsoring local government, must hold a public hearing on the proposed financing of the public improvements in whole or in part with local infrastructure financing before passage of the ordinance establishing the revenue development area. The public hearing may be held by either the governing body of the sponsoring local government and the governing body of any cosponsoring local government, or by a committee of those governing bodies that includes at least a majority of the whole governing body or bodies. The public hearing is subject to the notice requirements in RCW 39.102.100.(3) The sponsoring local government, and any cosponsoring local government, shall deliver a certified copy of the adopted ordinance to the county treasurer, the governing body of each participating local government and participating taxing district within which the revenue development area is located, the board, and the department.[ 2007 c 229 § 5; 2006 c 181 § 207.]NOTES:Application—Severability—2007 c 229: See notes following RCW 39.102.020.