Washington SB5839 amends ferry district tax rates and authorizes indebtedness for ferry services.

Washington SB5839 modifies the tax rates for ferry districts, allowing those in counties with populations over 1.5 million to levy up to 7.5 cents per $1,000 of assessed value. It also authorizes ferry districts to incur general indebtedness and issue bonds for ferry and terminal construction, purchase, and preservation, with revenues from the tax levy used for repayment. The bill specifies permissible uses of the tax, including ferry services, vessel and dock maintenance, shuttle services, and personnel costs.

Washington SB5839 amends ferry district tax rates and authorizes indebtedness for ferry services.

Washington SB5839 modifies the tax rates for ferry districts, allowing those in counties with populations over 1.5 million to levy up to 7.5 cents per $1,000 of assessed value. It also authorizes ferry districts to incur general indebtedness and issue bonds for ferry and terminal construction, purchase, and preservation, with revenues from the tax levy used for repayment. The bill specifies permissible uses of the tax, including ferry services, vessel and dock maintenance, shuttle services, and personnel costs.