DHoey
Well-Known Member
The money distribution is laid out here RCW 67.28.180: Lodging tax authorized—Conditions.
(c) From January 1, 2016, through December 31, 2020, all revenues under this section must be deposited in the stadium and exhibition center account under RCW 43.99N.060.
(d) On and after January 1, 2021, the revenues under this section must be used as follows:
(i) At least thirty-seven and one-half percent of the revenues under this section must be deposited in the special account under (e) of this subsection.
(ii) At least thirty-seven and one-half percent of the revenues under this section must be used:
(A) For contracts, loans, or grants to nonprofit organizations or public housing authorities for affordable workforce housing within one-half mile of a transit station, as described under RCW 9.91.025 or for services for homeless youth; or
(B) To repay:
(I) General obligation bonds issued pursuant to RCW 67.28.150 to finance such contracts, loans, or grants; or
(II) Revenue bonds issued pursuant to RCW 67.28.160 to finance a fund to make such contracts, loans, or grants; or
(III) Revenue bonds issued pursuant to RCW 67.28.160 to finance projects authorized by an authority under chapter 43.167 RCW to promote sustainable workplace opportunities near a community impacted by the construction or operation of tourism-related facilities.
(iii) The remainder must be used for capital or operating programs that promote tourism and attract tourists to the county.
(e) At least forty percent of the revenues distributed pursuant to (a)(i) of this subsection must be deposited in a special account. The account may only be used for the purposes of (a)(i) of this subsection.
Why would politicians think they can just change how shit is dealt out is beyond me.
(c) From January 1, 2016, through December 31, 2020, all revenues under this section must be deposited in the stadium and exhibition center account under RCW 43.99N.060.
(d) On and after January 1, 2021, the revenues under this section must be used as follows:
(i) At least thirty-seven and one-half percent of the revenues under this section must be deposited in the special account under (e) of this subsection.
(ii) At least thirty-seven and one-half percent of the revenues under this section must be used:
(A) For contracts, loans, or grants to nonprofit organizations or public housing authorities for affordable workforce housing within one-half mile of a transit station, as described under RCW 9.91.025 or for services for homeless youth; or
(B) To repay:
(I) General obligation bonds issued pursuant to RCW 67.28.150 to finance such contracts, loans, or grants; or
(II) Revenue bonds issued pursuant to RCW 67.28.160 to finance a fund to make such contracts, loans, or grants; or
(III) Revenue bonds issued pursuant to RCW 67.28.160 to finance projects authorized by an authority under chapter 43.167 RCW to promote sustainable workplace opportunities near a community impacted by the construction or operation of tourism-related facilities.
(iii) The remainder must be used for capital or operating programs that promote tourism and attract tourists to the county.
(e) At least forty percent of the revenues distributed pursuant to (a)(i) of this subsection must be deposited in a special account. The account may only be used for the purposes of (a)(i) of this subsection.
Why would politicians think they can just change how shit is dealt out is beyond me.