Chapter 4.35
ADDITIONAL SALES AND USE TAX FOR AFFORDABLE AND SUPPORTIVE HOUSING
Sections:
4.35.010 Imposition of sales and use tax.
4.35.030 Collection and administration.
4.35.040 Affordable and supportive housing fund.
4.35.070 Expiration of the affordable and supportive housing tax.
4.35.010 Imposition of sales and use tax.
There is hereby imposed an additional sales or use tax, separate and apart from the tax referred to in Chapters 4.24, 4.28, 4.32 and 4.33, as authorized by RCW 82.14.540 upon every taxable event, as defined in RCW 82.14.020, occurring within Kitsap County.
The tax shall be imposed upon and collected from those persons from whom the state sales tax or use tax is collected pursuant to Chapters 82.08 and 82.12 RCW, but will be credited against the state’s share of the tax. This sales and use tax shall be known as the “Affordable and Supportive Housing Tax.”
(Ord. 579 (2019) § 1 (part), 2019)
4.35.020 Rate of tax imposed.
For unincorporated Kitsap County and within municipalities that do not participate by levying this tax, the rate of tax imposed by Section 4.33.010 shall be the maximum capacity authorized by RCW 82.14.540 of 0.0146 percent of the selling price in the case of a sales tax, or value of the article used in the case of a use tax. Within municipalities that do levy this tax but do not have a qualifying local tax, the rate of tax imposed shall be 0.0073 percent.
(Ord. 579 (2019) § 1 (part), 2019)
4.35.030 Collection and administration.
A. The administration and collection of any tax imposed by this chapter shall be in accordance with the provisions of Chapters 82.08, 82.12 and 82.14 RCW and subject to such regulations, contract, and inspection as are required by the Department of Revenue, State of Washington, for the administration of such taxes.
B. All revenues from the tax imposed by Section 4.35.010 shall be deposited into the affordable and supportive housing fund created pursuant to Section 4.35.040.
(Ord. 579 (2019) § 1 (part), 2019)
4.35.040 Affordable and supportive housing fund.
There is hereby created the affordable and supportive housing fund. The resources of the fund shall consist of tax revenues deposited into the fund pursuant to Section 4.35.030 plus any investment or other income to the fund.
(Ord. 579 (2019) § 1 (part), 2019)
4.35.050 Use of fund.
A. The resources of the affordable and supportive housing fund may only be expended consistent with RCW 82.14.540 or hereinafter amended to include:
1. Acquiring, rehabilitating, or constructing affordable housing, which may include new units of affordable housing within an existing structure or facilities providing supportive housing services under RCW 71.24.385; or
2. Funding the operations and maintenance costs of new units of affordable or supportive housing; or
3. Providing rental assistance to tenants.
B. The housing and services provided by this fund may only be provided to persons whose income is at or below sixty percent of the median income of the county imposing the tax.
C. In determining the use of funds, the county must consider the income of the individuals and families to be served, leveraging of the resources made available under this section, and the housing needs within Kitsap County.
(Ord. 579 (2019) § 1 (part), 2019)
4.35.060 Bond authority.
To carry out the purposes of this chapter, including but not limited to financing loans or grants to nonprofit organizations or public housing authorities, the board of commissioners may issue general obligation or revenue bonds within the limitations now or hereafter prescribed by the laws of this state, and may use, and is authorized to pledge, the moneys collected under this chapter for repayment of such bonds.
(Ord. 579 (2019) § 1 (part), 2019)
4.35.070 Expiration of the affordable and supportive housing tax.
The tax imposed by this chapter expires twenty years after the date on which the tax is first imposed.
(Ord. 579 (2019) § 1 (part), 2019)