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Chapter 82.46 RCW: COUNTIES AIITD CITIES—EXCISE TAX ON REAL ESTATE S... Page 6 of 12 <br />that purpose until the original debt for which the revenues were pledged is retired, or (b) <br />committed prior to March 1, 1992, by such counties or cities to a project may continue to be <br />used for that purpose until the project is completed. <br />(4) Revenues generated by the tax imposed by this section must be deposited in a <br />separate account. <br />(5) As used in this section, "city" means any city or town and "capital project" means <br />those public works projects of a local government for: <br />(a) Planning, acquisition, construction, reconstruction, repair, replacement, <br />rehabilitation, or improvement of streets, roads, highways, sidewalks, street and road lighting <br />systems, traffic signals, bridges, domestic water systems, storm and sanitary sewer systems; <br />(b) Planning, construction, reconstruction, repair, rehabilitation, or improvement of <br />parks; and <br />(c) Until January 1, 2026, planning, acquisition, construction, reconstruction, repair, <br />replacement, rehabilitation, or improvement of facilities for those experiencing homelessness <br />and affordable housing projects. <br />(6) A county or city may use the greater of one hundred thousand dollars or twenty-five <br />percent of available funds, but not to exceed one million dollars, for capital projects as defined <br />in subsection (5)(c) of this section. The limits in this subsection do not apply to any county or <br />city that used revenue under this section for the acquisition, construction, improvement, or <br />rehabilitation of facilities to provide housing for the homeless prior to June 30, 2019. <br />(7) A county or city using funds for uses in subsection (5)(c) of this section must <br />document in its plan under RCW 36.70A.070(3) that it has funds during the next two years for <br />capital projects in subsection (5)(a) of this section. <br />(8) When the governor files a notice of noncompliance under RCW 36.70A.340 with <br />the secretary of state and the appropriate county or city, the county or city's authority to <br />impose the additional excise tax under this section is temporarily rescinded until the governor <br />files a subsequent notice rescinding the notice of noncompliance. <br />[ 2019 c 73 § 2; 2011 c 354 § 3; (2011 c 354 § 2 expired June 30, 2012); (2009 c 211 § 1 <br />expired June 30, 2012). Prior: 1992 c 221 § 3; 1991 sp.s. c 32 § 33; 19901st ex.s. c 17 <br />38.] <br />NOTES: <br />Effective date --2011 c 354 § 3: "Section 3 of this act takes effect June 30, <br />2012." [ 2011 c 364 § 5.] <br />Expiration date -2011 c 354 § 2: "Section 2 of this act expires June 30, <br />2012." [ 2011 c 364 § 4.] <br />Expiration date -2009 c 211: "This act expires June 30, 2012." [ 2009 c 211 § 2.] <br />Sections headings not law -1991 sp.s. c 32: See RCW 36.70A.902. <br />Severability—Part, section headings not law -1990 1st ex.s. c 17: See RCW <br />36.70A.900 and 36.70A.901. <br />https:l/app.leg.wa.gov/RCW/default.aspx?cite=82.46&full---true 2/1/2021 <br />