§ 39.102.010. Finding
The legislature recognizes that the state as a whole benefits from investment in public infrastructure because it promotes community and economic development. Public investment stimulates business activity and helps create jobs; stimulates the redevelopment of brownfields and blighted areas in the inner city; lowers the cost of housing; and promotes efficient land use. The legislature finds that these activities generate revenue for the state and that it is in the public interest to invest in these projects through a credit against the state sales and use tax and an allocation of property tax revenue to those sponsoring local governments that can demonstrate the expected returns to the state.
[2006 c 181 § 101.]
Sections: 39.102.010 39.102.020 39.102.030 39.102.040 39.102.050 39.102.060 39.102.070 39.102.080 39.102.090 39.102.100 39.102.110 39.102.120 39.102.130 39.102.140 39.102.150 Next
Last modified: April 7, 2009