Establishes an interest-free loan program for purchasing original art by Washington state artists.
The bill establishes the own your own art purchase program to provide interest-free or low-interest loans between $1,000 and $12,000 for eligible individuals to purchase original art by Washington state artists. The program aims to stimulate the arts economy, support local artists, and increase art ownership. Loans are repaid in 12 equal monthly installments. Eligible purchases include original works by Washington state artists and commissions of original works by Washington state artists.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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