Establishing funding for community preservation and development authorities approved through RCW 43.167.060.
Effective date 3/25/2026.
Summary
The law channels a portion of state sales tax collected at large stadiums into community preservation and development authorities, with the goal of improving health, safety, and economic well‑being in neighborhoods impacted by major public projects. It defines which facilities qualify, sets up quarterly deposits, requires regular reporting, and includes a review that could extend the program beyond its 2037 sunset.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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