SB5943 regulates the use of school impact fees in Washington, allowing deferrals and setting conditions for their collection and use.

SB5943 establishes rules for the use of school impact fees in Washington, allowing counties, cities, and towns to defer collection of these fees under certain conditions. The deferral system must include options like deferring payment until final inspection or certificate of occupancy. If fees are not paid as agreed, the local government can withhold final certifications. The bill mandates that impact fees be used for public facilities improvements related to new development and must not exceed the proportionate share of costs.

SB5943 regulates the use of school impact fees in Washington, allowing deferrals and setting conditions for their collection and use.

SB5943 establishes rules for the use of school impact fees in Washington, allowing counties, cities, and towns to defer collection of these fees under certain conditions. The deferral system must include options like deferring payment until final inspection or certificate of occupancy. If fees are not paid as agreed, the local government can withhold final certifications. The bill mandates that impact fees be used for public facilities improvements related to new development and must not exceed the proportionate share of costs.