Revised Code of Washington - RCW Title 39 Public Contracts And Indebtedness - Chapter 39.86 Private Activity Bond Allocation

  • 39.86.100 Legislative findings and policy
    The federal tax reform act of 1986 imposes an annual ceiling on the aggregate amount of federally tax-exempt private activity bonds, including bonds for housing, ...
  • 39.86.110 Definitions
    The definitions in this section apply throughout this chapter unless the context clearly requires otherwise. (1) "Agency" means the department of community, trade, and economic ...
  • 39.86.120 Initial allocation
    (1) Except as provided in subsections (2) and (4) of this section, the initial allocation of the state ceiling shall be for each year as ...
  • 39.86.130 Criteria
    (1) In granting an allocation, reallocation, or carryforward of the state ceiling as provided in this chapter, the agency shall consider existing state priorities and ...
  • 39.86.140 Procedure for obtaining state ceiling allocation
    (1) No issuer may receive an allocation of the state ceiling without a certificate of approval from the agency. (2)(a) For each state ceiling allocation ...
  • 39.86.150 Reallocation process and carryforwards
    (1) Beginning September 1 of each calendar year, the agency may allocate or reallocate any portions of the state ceiling for which no certificate of ...
  • 39.86.160 Executive orders
    If federal legislation is enacted or federal regulations are promulgated which affect the state ceiling, when the legislature is not in session or is less ...
  • 39.86.170 Fees
    A fee schedule shall be established by rule by the agency to assist in support of bond allocation activities. Fees shall reflect costs actually incurred ...
  • 39.86.180 Code amendments
    In order to permit the full use of the authorized state ceiling under federal law, the agency may adopt rules approving any amendments made to ...
  • 39.86.190 Annual and biennial reports
    By February 1 of each year, the agency shall summarize for the legislature each previous year's bond allocation requests and issuance. Beginning in June of ...
  • 39.86.200 Ratification
    Any state ceiling allocations taken prior to May 8, 1987, in conformance with the code and an applicable executive order of the governor are ratified ...
  • 39.86.905 Captions
    As used in this chapter, captions constitute no part of the law.[1987 c 297 § 15.] ...
  • 39.86.906 Severability -- 1987 c 297
    If any provision of this act or its application to any person or circumstance is held invalid, the remainder of the act or the application ...

Last modified: April 7, 2009