Senate Bill Report SB 5229 — Site Readiness Grants for Rural Job Growth (January 17, 2023)
Summary
Senate Bill Report on SB 5229, as of January 16, 2023, titled "An act relating to accelerating rural job growth and promoting economic recovery across Washington through site readiness grants." Committee activity listed is Business, Financial Services, Gaming & Trade on 1/17/23. The bill adds site readiness as an allowable use of the Community Economic Revitalization Board's grants for certain planning activities. It removes the $50,000 cap for grants until December 31, 2028, after which it may not exceed $200,000. The report lists the appropriation as None and the effective date as ninety days after adjournment of the session in which the bill is passed.
Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used
- Issuer
- Congressional materials
- Document type
- Report
- Date
- 2023-01-17
- Case
- 2023 01 17 A30403 D247863 Bill Report 5229 Sba Bfgt 23
Cite this document
“Senate Bill Report SB 5229 — Site Readiness Grants for Rural Job Growth (January 17, 2023).”
Original at app.leg.wa.gov, dated 2023-01-17. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2023-01-17-2023-01-17-a30403-d247863-bill-report-5229-sba-bfgt-23/
, SHA-256 04c3f7ae6fc4d3612ef516c1a0a3032312c13ec369506c38de4490842582ee78.Full text
SENATE BILL REPORT
SB 5229
As of January 16, 2023
Title: An act relating to accelerating rural job growth and promoting economic recovery across
Washington through site readiness grants.
Brief Description: Accelerating rural job growth and promoting economic recovery across
Washington through site readiness grants.
Sponsors: Senators Frame, Warnick, Kuderer, Lovelett, Nobles, Randall, Salomon, Shewmake
and Torres.
Brief History:
Committee Activity: Business, Financial Services, Gaming & Trade: 1/17/23.
Brief Summary of Bill
• Adds site readiness as an allowable use of the Community Economic
Revitalization Board's grants for certain planning activities.
• Removes the cap for planning grants until December 31, 2028, after
which it may not exceed $200,000.
SENATE COMMITTEE ON BUSINESS, FINANCIAL SERVICES, GAMING & TRADE
Staff: Kellee Gunn (786-7429)
Background: The Community Economic Revitalization Board (CERB) was formed
in 1982 to respond to local economic development in Washington communities. CERB
provides funding to local governments and federally recognized tribes for public
infrastructure which supports private development or expansion resulting in jobs and capital
sector improvements. The Department of Commerce provides administrative support for the
program.
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.
Senate Bill Report -1- SB 5229
CERB's funding support may be provided as a loan or a grant. Certain activities, such as
facilitating or promoting gambling and projects that would displace existing jobs to another
community, are not eligible.
Applications for financial assistance must include certain information regarding job
creation, support from local political subdivision and economic development organization
or workforce council and establish local match and participation. Prioritization is given to
certain projects that demonstrate or provide certain information regarding community
benefit, employee benefits, planning, feasibility, and permitting.
Grants, not to exceed $50,000, may be awarded to support site-specific plans, studies, and
analyses that address environmental impacts, capital facilities, land use, permitting,
feasibility, marketing, project engineering, design, site planning, and project debt and
readiness.
Summary of Bill: Costs of achieving site readiness is added as an allowable use of
CERB's grant funding for site-specific plans, studies, and analyses. The $50,000 cap for
grants is removed until December 31, 2028, after which it may not exceed $200,000.
Appropriation: None.
Fiscal Note: Requested on January 10, 2023.
Creates Committee/Commission/Task Force that includes Legislative members: No.
Effective Date: Ninety days after adjournment of session in which bill is passed.
Senate Bill Report -2- SB 5229
File and source
- File
- 2023-01-17_a30403_d247863_bill-report-5229-sba-bfgt-23.pdf
- Size
- 4,202 bytes
- SHA-256
- 04c3f7ae6fc4d3612ef516c1a0a3032312c13ec369506c38de4490842582ee78
- Original
- app.leg.wa.gov