SB5955 Second Substitute Summary 269209

Title: An act relating to mitigating harm and improving equity in large port districts. Brief Description: Mitigating harm and improving equity in large port districts. Sponsors: Senators Keiser, Hasegawa, Kauffman, Nguyen and Wilson, C.. Brief History: Committee Activity: Local Government, Land Use & Tribal Affairs: 1/16/24, 1/30/24 [DPS-WM, w/oRec]. Ways & Means: 2/03/24. Brief Summary of Proposed Second Substitute Bill Establishes the port district equity fund for purposes of making grants to port districts authorized to undertake noise abatement programs. • Provides that revenue generated from the sales and use taxes collected on capital construction projects within the port district must be transferred from the general fund to the port district equity fund. • Authorizes a qualifying port district to match, from port funds, at least one half of the total funding provided by the Legislature for purposes of the noise abatement program. • Requires the Department of Commerce to administer grants from the port district equity fund to provide assistance to qualifying port districts for expenses related to noise mitigation. • SENATE COMMITTEE ON LOCAL GOVERNMENT, LAND USE & TRIBAL AFFAIRS Majority Report: That Substitute Senate Bill No. 5955 be substituted therefor, and the This analysis was prepared by non-partisan legislative staff for the use of legislative members in their deliberations. This analysis is not part of the legislation nor does it constitute a statement of legislative intent. SB 5955- 1 -Senate Bill Report substitute bill do pass and be referred to Committee on Ways & Means. Signed by…

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Call to order – Roll Call – Quorum Established – Land Acknowledgement We would like to acknowledge that our Agency operates in four present-day counties, which are the traditional lands of the Coast Salish people, past and present. This acknowledgement does not take the place of authentic relationships with indigenous communities in our jurisdiction and [...]