RCW 44.28.801
State public infrastructure programs and funds -- Inventory -- Report. (Effective until July 1, 2009.)

(1) The joint legislative audit and review committee, in consultation with staff from the appropriate fiscal committees of the legislature and the office of financial management, shall conduct an inventory of all state public infrastructure programs and funds. The inventory shall identify: The public infrastructure state programs and funds and the purposes each serve; how the program or fund is implemented; the types of public infrastructure projects supported by the program or fund; the dollar amount of the projects funded by each program or fund; the balance of a fund, if applicable; and the geographic distribution of projects supported by a program or fund. Where applicable, the inventory shall identify overlaps or gaps in types of public infrastructure projects supported through state programs or funds. Where appropriate, the inventory shall evaluate the return on investment for economic development infrastructure programs. The inventory shall be delivered to the appropriate committees of the legislature by December 2006. It is the intent of the legislature to use the inventory information to identify or develop a comprehensive funding structure to support the integration, consolidation, and standardization of processes, procedures, and infrastructure programs.

     (2) By September 2010, the joint legislative audit and review committee shall submit a report on the outcomes of the job development fund program to the appropriate committees of the legislature. The report shall apply the performance and evaluation criteria developed by the community economic revitalization board and the committee and shall include a project by project review detailing how the funds were used and whether the performance measures were met. The report shall also include impacts to the availability of low-interest and interest-free loans to local governments under RCW 43.155.055, 43.155.060, 43.155.065, and 43.155.068, resulting from appropriations to the job development fund. Information in the report shall include, but not be limited to:

     (a) The total funds appropriated from the public works assistance account to the job development account;

     (b) The ratio of loan requests submitted to the public works board as compared to actual money available for loans in the public works assistance account since July 24, 2005;

     (c) The total amount that would have been available for loans from the public works assistance account had this act not taken effect;

     (d) Identification of specific loan requests that would have qualified for funding under chapter 43.155 RCW had money been available in the public works assistance account;

     (e) Assessment of increased costs for otherwise qualifying projects where local governments were compelled to seek alternate funding sources.

[2006 c 371 § 229; 2005 c 425 § 5.]

NOTES:

     Expiration dates -- 2006 c 371 §§ 229 and 231: "(1) Section 229 of this act expires June 30, 2011.

     (2) Section 231 of this act expires June 30, 2007." [2006 c 371 § 238.]

     Part headings not law -- Severability -- Effective date -- 2006 c 371: See notes following RCW 43.325.040.

     Finding -- Expiration date -- Severability -- 2005 c 425: See notes following RCW 43.155.050.