by
<a href="mailto:carls@awcnet.org">Carl Schroeder</a>, <a href="mailto:shannonm@awcnet.org">Shannon McClelland</a> | Feb 11, 2019
<strong><a href="https://app.leg.wa.gov/billsummary?BillNumber=5366&Initiative=false&Year=2019">SB 5366</a></strong> has passed out of its policy committee and will be heard on Monday in its fiscal committee.
SB 5366 has passed out of its policy committee and will be heard on Monday in its fiscal committee.
The proposal allows small cities – those under 15,000 in population – to utilize the Multifamily Tax Exemption Program, which is an optional property tax abatement to incentivize multifamily apartment construction. This tool would be available to small cities until July 1, 2022.
AWC will be testifying in support.
We encourage any cities who would like access to this tool to communicate with the Ways & Means Committee and your legislators.
Dates to remember
SB 5366 will be heard in Senate Ways & Means Committee on Monday, February 11 at 3:30 pm.