House Bill Analysis — SSB 5229, Site Readiness Grants (Washington, Hearing 3/10/23)

Summary

House Bill Analysis of SSB 5229 by the Office of Program Research for the Innovation, Community & Economic Development, & Veterans Committee, with a hearing date of 3/10/23 and Cassie Jones listed as staff. The brief description is accelerating rural job growth and promoting economic recovery across Washington through site readiness grants. The analysis states that the Community Economic Revitalization Board may award planning program grants for the costs of achieving site readiness, with no maximum award limit until December 31, 2028 and grants not to exceed $200,000 beginning January 1, 2029. It gives the current maximum planning grant award as $50,000 and lists the appropriation as None.

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Washington State                  BILL
House of Representatives
Office of Program Research   ANALYSIS
Innovation, Community & Economic
Development, & Veterans Committee
                                       SSB 5229
Brief Description: Accelerating rural job growth and promoting economic recovery across
     Washington through site readiness grants.

Sponsors: Senate Committee on Ways & Means (originally sponsored by Senators Frame,
    Warnick, Kuderer, Lovelett, Nobles, Randall, Salomon, Shewmake and Torres).


                               Brief Summary of Substitute Bill
          • Allows the Community Economic Revitalization Board (CERB) to
            provide planning program grants to qualifying projects for the costs of
            achieving site readiness.
          • Increases the maximum award limit on the CERB planning program
            grants.
          • Requires the CERB's biennial outcome-based evaluations to include
            certain information relating to projects' use of businesses certified by the
            Office of Minority and Women's Business Enterprises, the Department
            of Veterans Affairs, and businesses that self-report meeting certification
            requirements.


Hearing Date: 3/10/23

Staff: Cassie Jones (786-7303).

Background:

Community Economic Revitalization Board.
The Community Economic Revitalization Board (CERB) provides financial assistance to local




     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.

House Bill Analysis                             -1-                                        SSB 5229
governments and federally recognized tribes for public infrastructure that encourages new
business development and economic growth. The Department of Commerce provides
administrative support for the CERB.

The CERB is authorized to make direct loans and grants to political subdivisions of the state and
to federally recognized tribes to finance public facility projects. Grants are available for eligible
planning and construction projects.

Community Economic Revitalization Board Planning Program Grants.
The CERB provides grant funding for studies to evaluate economic development projects. When
considering planning grants, the CERB gives priority to projects that could result in a type of
project eligible for CERB construction funds. Eligible uses include site-specific plans, studies,
and analyses that address environmental impacts, capital facilities, land use, permitting,
feasibility, marketing, project engineering, design, and site planning.

The CERB offers grants for planning projects up to 80 percent of the total project cost. The
project applicant must match the CERB’s funding with at least 20 percent of the total project
cost. The maximum award limit for planning grants is $50,000.

Biennial Outcome-Based Evaluations.
The CERB is required to conduct biennial outcome-based evaluations of the financial assistance
provided. The evaluations must include a number of elements specific to projects funded by the
CERB, including the number and types of businesses assisted by the funded projects. The
biennial evaluations must be submitted to the Governor and the Legislature by December 31 of
every even-numbered year.

Summary of Bill:

The CERB may award planning program grants to projects for the costs of achieving site
readiness. The maximum award limit on planning grants is increased. Until December 31, 2028,
there is no maximum award limit. Beginning January 1, 2029, grants may not exceed $200,000.
The CERB must be define "achieving site readiness."

The CERB must include in its biennial outcome-based evaluation the total number, percentage,
and dollar amount of projects' use of businesses certified by the Office of Minority and Women’s
Business Enterprises and the Department of Veterans Affairs, as well as businesses not certified
by these organizations but which self-report as meeting the requirements of certification.

Appropriation: None.

Fiscal Note: Available.

Effective Date: The bill takes effect 90 days after adjournment of the session in which the bill is
passed.


House Bill Analysis                              -2-                                        SSB 5229


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