reglab/statecodes huggingface dataset:
2023 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 the following:
(a) Information on the number of applications for community economic revitalization board assistance;
(b) The number and types of projects approved;
(c) The grant or loan amount awarded each project;
(d) The projected number of jobs created or retained by each project;
(e) The actual number and cost of jobs created or retained by each project;
(f) The wages and health benefits associated with the jobs;
(g) The amount of state funds and total capital invested in projects;
(h) The number and types of businesses assisted by funded projects;
(i) The location of funded projects;
(j) The transportation infrastructure available for completed projects;
(k) The local match and local participation obtained;
(l) The number of delinquent loans;
(m) The number of project terminations; and
(n) Certain information identifying the biennial total number, percentage, and dollar amount of projects' use of: Businesses certified by the office of minority and women's business enterprises under chapter 39.19 RCW and department of veterans affairs under chapter 43.60A RCW, and businesses not yet certified with these organizations but that self-report as meeting the requirements of certification.
(2) The evaluations may also include additional performance measures and recommendations for programmatic changes.
(3) The evaluation must be presented to the governor and appropriate committees of the legislature by December 31st of each even-numbered year.
[ 2023 c 93 § 3; 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:
Findings—Intent—2023 c 93: See note following RCW 43.160.060.
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.]
2023 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.]
2023 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.
2023 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.
2023 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.]
2023 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.]
2023 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.
2023 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.]
2023 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.
2023 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.]
2023 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.]
2023 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 commerce 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 commerce 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.
[ 2023 c 470 § 2064; 1998 c 245 § 51; 1994 c 238 § 3; 1989 c 279 § 13.]
NOTES:
Explanatory statement—2023 c 470: See note following RCW 10.99.030.
Severability—Effective date—1994 c 238: See notes following RCW 43.163.010.
2023 Revised Code of Washington › Title 43 - State Government—Executive › Chapter 43.163 - Economic Development Finance Authority. › 43.163.140 - Nonrecourse revenue bonds—Contracts—Restrictions.

RCW 43.163.140
Nonrecourse revenue bonds—Contracts—Restrictions.
(1) Bonds issued by the authority under this chapter shall not be deemed to constitute obligations, either general, special or moral, of the state or of any political subdivision of the state, or pledge of the faith and credit of the state or of any political subdivision, or general obligations of the authority. The bonds shall be special obligations of the authority and shall be payable solely from the special fund or funds created by the authority for their repayment. The issuance of bonds under this chapter shall not obligate, directly, indirectly, or contingently, the state or any political subdivision of the state to levy any taxes or appropriate or expend any funds for the payment of the principal or the interest on the bonds. The substance of the limitations included in this paragraph shall be plainly printed, written, engraved, or reproduced on each bond and in any disclosure document prepared in conjunction with the offer and sale of bonds.
(2) Neither the proceeds of bonds issued under this chapter nor any money used or to be used to pay the principal of, premium, if any, or interest on the bonds shall constitute public money or property. All of such money shall be kept segregated and set apart from funds of the state and any political subdivision of the state and shall not be subject to appropriation or allotment by the state or subject to the provisions of chapter 43.88 RCW.
(3) Contracts entered into by the authority shall be entered into in the name of the authority and not in the name of the state. The obligations of the authority under such contracts shall be obligations only of the authority and shall not, in any way, constitute obligations of the state.
[ 1989 c 279 § 15.]
2023 Revised Code of Washington › Title 43 - State Government—Executive › Chapter 43.163 - Economic Development Finance Authority. › 43.163.150 - Nonrecourse revenue bonds—Financing documents, scope.

RCW 43.163.150
Nonrecourse revenue bonds—Financing documents, scope.
The authority may enter into financing documents with borrowers regarding bonds issued by the authority that may provide for the payment by each borrower of amounts sufficient, together with other revenues available to the authority, if any, to: (1) Pay the borrower's share of the fees established by the authority; (2) pay the principal of, premium, if any, and interest on outstanding bonds of the authority issued in respect of such borrower as the same shall become due and payable; and (3) create and maintain reserves required or provided for by the authority in connection with the issuance of such bonds. The payments shall not be subject to supervision or regulation by any department, committee, board, body, bureau, or agency of the state other than the authority.
[ 1989 c 279 § 16.]
2023 Revised Code of Washington › Title 43 - State Government—Executive › Chapter 43.163 - Economic Development Finance Authority. › 43.163.160 - Nonrecourse revenue bonds—Money received shall be trust funds.

RCW 43.163.160
Nonrecourse revenue bonds—Money received shall be trust funds.
All money received by or on behalf of the authority with respect to this issuance of its bonds shall be trust funds to be held and applied solely as provided in this chapter. The authority, in lieu of receiving and applying the moneys itself, may enter into trust agreement or indenture with one or more banks or trust companies having the power and authority to conduct trust business in the state to:
(1) Perform all of any part of the obligations of the authority with respect to: (a) Bonds issued by it; (b) the receipt, investment and application of the proceeds of the bonds and money paid by a participant or available from other sources for the payment of the bonds; (c) the enforcement of the obligations of a borrower in connection with the financing or refinancing of any project; and (d) other matters relating to the exercise of the authority's powers under this chapter;
(2) Receive, hold, preserve, and enforce any security interest or evidence of security interest granted by a participant for purposes of securing the payment of the bonds; and
(3) Act on behalf of the authority or the owners of bonds of the authority for purposes of assuring or enforcing the payment of the bonds, when due.
[ 1989 c 279 § 17.]
2023 Revised Code of Washington › Title 43 - State Government—Executive › Chapter 43.163 - Economic Development Finance Authority. › 43.163.170 - Nonrecourse revenue bonds—Owner and trustee, enforcement of rights.

RCW 43.163.170
Nonrecourse revenue bonds—Owner and trustee, enforcement of rights.
Any owner of bonds of the authority issued under this chapter, and the trustee under any trust agreement or indenture, may, either at law or in equity, by suit, action, mandamus or other proceeding, protect and enforce any of their respective rights, and may become the purchaser at any foreclosure sale if the person is the highest bidder, except to the extent the rights given are restricted by the authority in any bond resolution or trust agreement or indenture authorizing the issuance of the bonds.
[ 1989 c 279 § 18.]
2023 Revised Code of Washington › Title 43 - State Government—Executive › Chapter 43.163 - Economic Development Finance Authority. › 43.163.180 - Nonrecourse revenue bonds as legal investment.

RCW 43.163.180
Nonrecourse revenue bonds as legal investment.
The bonds or [of] the authority are securities in which all public officers and bodies of this state and all counties, cities, municipal corporations and political subdivisions, all banks, eligible banking organizations, bankers, trust companies, savings banks and institutions, building and loan associations, savings and loan associations, investment companies, insurance companies and associations, and all executors, administrators, guardians, trustees and other fiduciaries may legally invest any sinking funds, moneys or other funds belonging to them or within their control.
[ 1989 c 279 § 19.]
2023 Revised Code of Washington › Title 43 - State Government—Executive › Chapter 43.163 - Economic Development Finance Authority. › 43.163.190 - Chapter as an alternative bond issuance method.

RCW 43.163.190
Chapter as an alternative bond issuance method.
This chapter provides a complete, additional and alternative method for accomplishing the purposes of this chapter and shall be regarded as supplemental and additional to powers conferred by other laws. The issuance of bonds and refunding bonds under this chapter need not comply with the requirements of any other law applicable to the issuance of bonds.
[ 1989 c 279 § 20.]
2023 Revised Code of Washington › Title 43 - State Government—Executive › Chapter 43.163 - Economic Development Finance Authority. › 43.163.200 - Construction.

RCW 43.163.200
Construction.
Insofar as the provisions of this chapter are inconsistent with the provisions of any general or special law, or parts thereof, the provisions of this chapter are controlling.
[ 1989 c 279 § 21.]
2023 Revised Code of Washington › Title 43 - State Government—Executive › Chapter 43.166 - State Lands Development Authorities. › 43.166.010 - Authorization—Formation.

RCW 43.166.010
Authorization—Formation.
(1) State lands development authorities are hereby authorized to oversee and manage the development or redevelopment of state-owned property that is within or adjacent to manufacturing industrial centers. Any property owned or managed by the department of natural resources is exempt from the provisions of this chapter.
(2) The legislative delegation from a district containing state-owned land that is included within, or is adjacent to, a manufacturing industrial center may propose the formation of a state lands development authority. The proposal must be presented in writing to the relevant legislative committees in both the house of representatives and the senate. The proposal must contain:
(a) The proposed general geographic boundaries of the state lands development authority; and
(b) Legislative findings relating to formation of the state lands development authority which find that:
(i) The state owns property within the boundaries of the proposed state lands development authority;
(ii) The state-owned land is located within or adjacent to a manufacturing industrial center;
(iii) The state agency with custodial responsibility for the property has completed an assessment regarding the current use, future use, and a projected date or conditions when the land is vacant, excess, or surplus to the mission of the state agency;
(iv) The legislature intends that the state lands development authority be appropriately funded and staffed; and
(v) The formation of a state lands development authority to oversee and manage the development or redevelopment of the state-owned land will be useful and beneficial to the community within and adjacent to the boundaries of the state lands development authority.
(3) Formation of a state lands development authority is subject to legislative authorization by statute.
(4) A state lands development authority may only be formed in a county with a population of 2,000,000 or greater.
(5) For the purposes of this chapter, all state lands development authorities are a public body corporate and politic and instrumentality of the state of Washington.
[ 2022 c 259 § 1.]
2023 Revised Code of Washington › Title 43 - State Government—Executive › Chapter 43.166 - State Lands Development Authorities. › 43.166.020 - Board of directors.

RCW 43.166.020
Board of directors.
(1) The affairs of a state lands development authority shall be managed by a board of directors.
(2) The initial board of directors of a state lands development authority must be appointed by the governor upon recommendation from the state legislative delegation from the district in which the boundaries of the state lands development authority are contained.
(3) The number of persons on the board of directors must be included in the proposal to establish a state lands development authority under RCW 43.166.010.
(4) Members of the board of directors must include:
(a) At least one member representing each of the following:
(i) The governing body of each city included in the boundaries of the state lands development authority;
(ii) The mayor's office of each city included in the boundaries of the state lands development authority;
(iii) The governing body of each county included in the boundaries of the state lands development authority; and
(iv) The governing body of each port district included in the boundaries of the state lands development authority;
(b) Additional members if required by the proposal to establish a state lands development authority under RCW 43.166.010; and
(c) Ex officio, nonvoting members if required by the proposal to establish a state lands development authority under RCW 43.166.010.
(5) In addition to other applicable provisions of law pertaining to conflicts of interest of public officials, no state lands development authority board member, appointed or otherwise, may participate in any decision on any board contract in which the board member has any interests, direct or indirect, with any firm, partnership, corporation, or association that would be the recipient of any gain or benefit resulting from transactions with the state lands development authority. In any instance where the participation occurs, the board shall void the transaction, and the involved member shall be subject to whatever sanctions may be provided by law. The board shall frame and adopt a code of ethics for its members, which must be designed to protect the state and its citizens from any unethical conduct by the board.
[ 2022 c 259 § 2.]
2023 Revised Code of Washington › Title 43 - State Government—Executive › Chapter 43.166 - State Lands Development Authorities. › 43.166.030 - Powers.

RCW 43.166.030
Powers.
(1) State lands development authorities have the power to:
(a) Accept gifts, grants, loans, or other aid from public and private entities;
(b) Employ and appoint such agents, attorneys, officers, and employees as may be necessary to implement its purposes and duties;
(c) Contract and enter into partnerships with individuals, associations, corporations, and local, state, and federal governments;
(d) Buy, own, and lease real and personal property;
(e) Sell real and personal property, subject to any rules and restrictions contained in the proposal to establish a state lands development authority under RCW 43.166.010;
(f) Hold in trust, improve, and develop land;
(g) Invest, deposit, and reinvest its funds;
(h) Incur debt in furtherance of its mission: Provided, however, that state lands development authorities are expressly prohibited from incurring debt on behalf of the state of Washington as defined in Article VIII, section 1 of the state Constitution. A state lands development authority obligation to repay borrowed money does not constitute an obligation, either general, special, or moral, of the state of Washington. State lands development authorities are expressly prohibited from using, either directly or indirectly, "general state revenues" as defined in Article VIII, section 1 of the state Constitution to satisfy any state lands development authority obligation to repay borrowed money;
(i) Lend or grant its funds for any lawful purposes. For purposes of this section, "lawful purposes" includes without limitation, any use of funds, including loans thereof to public or private parties, authorized by agreements with the United States or any department or agency thereof under which federal or private funds are obtained, or authorized under federal laws and regulations pertinent to such agreements; and
(j) Exercise such additional powers as may be authorized by law.
(2) A state lands development authority that accepts public funds under subsection (1)(a) of this section:
(a) Is subject in all respects to Article VIII, section 5 or 7, as appropriate, of the state Constitution, and RCW 42.17A.550; and
(b) May not use such funds to support or oppose a candidate, ballot proposition, political party, or political committee.
(3) State lands development authorities do not have any authority to levy taxes or assessments.
[ 2022 c 259 § 3.]
2023 Revised Code of Washington › Title 43 - State Government—Executive › Chapter 43.166 - State Lands Development Authorities. › 43.166.040 - Duties.

RCW 43.166.040
Duties.
A state lands development authority has the duty to:
(1) Adopt bylaws for the authority that will govern how the authority will generally conduct its affairs;
(2) Establish specific geographic boundaries for the authority with its bylaws based on the general geographic boundaries established in the proposal approved by the legislature;
(3) Assume responsibility for the development or redevelopment of the state-owned property within the boundaries of the authority;
(4) Create a strategic plan for the development or redevelopment of the state-owned property that includes, but is not limited to, the following elements:
(a) An examination of the existing uses of the property and an assessment of whether such should change in the future in order for the use of the property to achieve maximum public benefit;
(b) An examination of options for development or redevelopment that include industrial uses only, mixed-use commercial and residential development, and mixed-use light industrial and residential development, as well as the incorporation of community-oriented facilities, and an evaluation of which options would achieve maximum public benefit;
(c) A plan for extensive public engagement throughout the development or redevelopment process, which must include a regular schedule of public meetings and opportunities for public comment; and
(d) A financial plan for the authority that identifies funding sources necessary to carry out the authority's strategic plan;
(5) Use gifts, grants, loans, and other aid from public or private entities to further the development and redevelopment projects identified in the authority's strategic plan; and
(6) Submit a written report to the relevant committees of the legislature by December 1st of each even-numbered year that summarizes the authority's strategic plan and details the progress of the authority in meeting its strategic goals related to development and redevelopment, public engagement, and financial planning.
[ 2022 c 259 § 4.]
2023 Revised Code of Washington › Title 43 - State Government—Executive › Chapter 43.166 - State Lands Development Authorities. › 43.166.050 - State lands development authority operating account.

RCW 43.166.050
State lands development authority operating account.
The state lands development authority operating account is hereby created in the state treasury. Moneys in the account may be spent only after appropriation. Expenditures from the account may be used only for operating expenses under this chapter.
[ 2022 c 259 § 5.]
2023 Revised Code of Washington › Title 43 - State Government—Executive › Chapter 43.166 - State Lands Development Authorities. › 43.166.060 - State lands development authority capital account.

RCW 43.166.060
State lands development authority capital account.
The state lands development authority capital account is hereby created in the state treasury. Moneys in the account may be spent only after appropriation. Expenditures from the account may be used only for capital projects under this chapter.
[ 2022 c 259 § 6.]
2023 Revised Code of Washington › Title 43 - State Government—Executive › Chapter 43.167 - Community Preservation and Development Authorities. › 43.167.003 - Definitions.

RCW 43.167.003
Definitions.
The definitions in this section apply throughout this chapter unless the context clearly requires otherwise.
(1) "Community" means a group of people who reside or work in the geographic area established by the community preservation and development authority board or the proposal to create the authority and who currently or historically share a distinct cultural identity or local history.
(2) "Community preservation and development authority" or "authority" means a public body corporate and politic and instrumentality of the state of Washington created by members of an impacted community.
(3) "Constituency" means the general membership of the community preservation and development authority, which membership must be open to all persons eighteen years of age and over who are residents, property owners, employees, or business persons within the geographic boundaries established by the authority or the proposal to create the authority.
(4) "Impacted community" means a community that has been adversely impacted by the construction of, or ongoing operation of, multiple major public facilities, public works, and capital projects with significant public funding or by other land use decisions.
(5) "Major public facilities project, public works project, or capital project with significant public funding" means any capital project whose total cost exceeds ten million dollars. On July 1, 2019, and on July 1st of each odd-numbered year thereafter, the capital project cost threshold must be adjusted by the capital project cost adjustment factor for inflation established by the office of financial management.
[ 2021 c 47 § 1; 2019 c 447 § 3.]
NOTES:
Findings—2019 c 447: See note following RCW 43.167.007.
2023 Revised Code of Washington › Title 43 - State Government—Executive › Chapter 43.167 - Community Preservation and Development Authorities. › 43.167.007 - Purpose.

RCW 43.167.007
Purpose.
(1) Community preservation and development authorities are hereby created to restore or enhance the health, safety, and economic well-being of communities adversely impacted by the construction of, or ongoing operation of, multiple major public facilities, public works, and capital projects with significant public funding or by other land use decisions.
(2) Community preservation and development authorities must have one or more of the following purposes:
(a) To revitalize, enhance, and preserve the unique character of impacted communities;
(b) To mitigate the adverse effects of multiple major public facilities projects, public works projects, or capital projects with significant public funding, a secure community transition facility as defined in RCW 71.09.020, or other land use decisions;
(c) To restore a local area's sense of community;
(d) To reduce the displacement of community members and businesses;
(e) To stimulate the community's economic vitality;
(f) To enhance public service provisions;
(g) To improve the standard of living of community members; or
(h) To preserve historic buildings or areas by returning them to economically productive uses that are compatible with or enhance their historic character.
[ 2019 c 447 § 2.]
NOTES:
Findings—2019 c 447: "The legislature finds that:
(1) Both state and local land use actions, such as the siting of major public facilities, public works, and capital projects with significant public funding, and other land use decisions, generally aim to accrue broad benefits to the people of Washington and local communities.
(2) The local stakeholder community which bears the disproportionate costs of such a land use decision by absorbing the deleterious impacts of the decision are often overlooked or inadequately addressed. These impacts may include dislocation, displacement, and the overall disintegration of an identifiable existing community and its historical and cultural character.
(3) The preservation and restoration of the character of such a community, and the community's historical and cultural character, are important public policy goals that can be achieved through the creation of community preservation and development authorities." [ 2019 c 447 § 1.]
2023 Revised Code of Washington › Title 43 - State Government—Executive › Chapter 43.167 - Community Preservation and Development Authorities. › 43.167.020 - Powers of authorities—Limitations.

RCW 43.167.020
Powers of authorities—Limitations.
(1) A community preservation and development authority shall have the power to:
(a) Accept gifts, grants, loans, or other aid from public or private entities;
(b) Employ and appoint such agents, attorneys, officers, and employees as may be necessary to implement the purposes and duties of an authority;
(c) Contract and enter into partnerships with individuals, associations, corporations, and local, state, and federal governments;
(d) Buy, own, lease, and sell real and personal property;
(e) Hold in trust, improve, and develop land;
(f) Invest, deposit, and reinvest its funds;
(g) Incur debt in furtherance of its mission; and
(h) Lend its funds, property, credit, or services for corporate purposes.
(2) A community preservation and development authority has no power of eminent domain nor any power to levy taxes or special assessments.
(3) A community preservation and development authority that accepts public funds under subsection (1)(a) of this section:
(a) Is subject in all respects to Article VIII, section 5 or 7, as appropriate, of the state Constitution, and to RCW 42.17A.550; and
(b) May not use the funds to support or oppose a candidate, ballot proposition, political party, or political committee.
[ 2011 c 60 § 40; 2009 c 516 § 2; 2007 c 501 § 4.]
NOTES:
Effective date—2011 c 60: See RCW 42.17A.919.
2023 Revised Code of Washington › Title 43 - State Government—Executive › Chapter 43.167 - Community Preservation and Development Authorities. › 43.167.030 - Duties of authorities.

RCW 43.167.030
Duties of authorities.
A community preservation and development authority shall have the duty to:
(1) Establish specific geographic boundaries for the authority within its bylaws based on the general geographic boundaries established in the proposal submitted and approved by the legislature;
(2) Solicit input from members of its community and develop a strategic preservation and development plan to restore and promote the health, safety, and economic well-being of the impacted community and to restore and preserve its cultural and historical identity;
(3) Include within the strategic plan a prioritized list of projects identified and supported by the community, including capital or operating components;
(4) Establish funding mechanisms to support projects and programs identified in the strategic plan including but not limited to grants and loans;
(5) Use gifts, grants, loans, and other aid from public or private entities to carry out projects identified in the strategic plan including, but not limited to, those that: (a) Enhance public safety; (b) reduce community blight; and (c) provide ongoing mitigation of the adverse effects of multiple publicly funded projects on the impacted community; and
(6) Demonstrate ongoing accountability for its actions by:
(a) Reporting to the appropriate committees of the legislature, one year after formation and every biennium thereafter, on the authority's strategic plan, activities, accomplishments, and any recommendations for statutory changes;
(b) Reporting any changes in the authority's geographic boundaries to the appropriate committees of the legislature when the legislature next convenes in regular session;
(c) Convening a local town hall meeting with its constituency on an annual basis to: (i) Report its activities and accomplishments from the previous year; (ii) present and receive input from members of the impacted community regarding its proposed strategic plan and activities for the upcoming year; and (iii) hold board member elections as necessary; and
(d) Maintaining books and records as appropriate for the conduct of its affairs.
[ 2009 c 516 § 3; 2007 c 501 § 5.]
2023 Revised Code of Washington › Title 43 - State Government—Executive › Chapter 43.167 - Community Preservation and Development Authorities. › 43.167.040 - Community preservation and development authority account.

RCW 43.167.040
Community preservation and development authority account.
The community preservation and development authority account is created in the state treasury. The account is composed of two subaccounts, one for moneys to be appropriated for operating purposes, and the other for moneys to be appropriated for capital purposes. Moneys in the account may be spent only after appropriation. Expenditures from the account may be used only for projects under this chapter.
[ 2007 c 501 § 7.]
2023 Revised Code of Washington › Title 43 - State Government—Executive › Chapter 43.167 - Community Preservation and Development Authorities. › 43.167.050 - Role of state and local government agencies.

RCW 43.167.050
Role of state and local government agencies.
Prior to making siting, design, and construction decisions for future major public facilities, public works projects, or capital projects with significant public funding, state and local government agencies may:
(1) Communicate and consult with the community preservation and development authority and impacted community, including assessing the compatibility of the proposed project with the strategic plan adopted by the authority; and
(2) Make reasonable efforts to ensure that negative, cumulative effects of multiple projects upon the impacted community are minimized.
[ 2007 c 501 § 8.]
2023 Revised Code of Washington › Title 43 - State Government—Executive › Chapter 43.167 - Community Preservation and Development Authorities. › 43.167.060 - Pioneer Square-International district community preservation and development authority.

RCW 43.167.060
Pioneer Square-International district community preservation and development authority.
The legislature authorizes the establishment of the Pioneer Square-International district community preservation and development authority, which boundaries are those contained in the Pioneer Square-International district within the city of Seattle.
[ 2007 c 501 § 6.]