SB6211 creates uniformity for cities planning under the growth management act to implement real estate excise taxes.

SB6211 creates uniformity for cities planning under the growth management act to implement real estate excise taxes. The bill allows counties and cities to impose an additional excise tax on real property sales, up to 0.25 percent of the selling price, for capital projects. These projects include streets, roads, highways, sidewalks, street lighting, traffic signals, bridges, domestic water systems, storm and sanitary sewer systems, parks, and airports. The bill also allows for the use of these tax revenues for facilities for those experiencing homelessness and affordable housing projects.

SB6211 creates uniformity for cities planning under the growth management act to implement real estate excise taxes.

SB6211 creates uniformity for cities planning under the growth management act to implement real estate excise taxes. The bill allows counties and cities to impose an additional excise tax on real property sales, up to 0.25 percent of the selling price, for capital projects. These projects include streets, roads, highways, sidewalks, street lighting, traffic signals, bridges, domestic water systems, storm and sanitary sewer systems, parks, and airports. The bill also allows for the use of these tax revenues for facilities for those experiencing homelessness and affordable housing projects.