SHB 2491 — Modifying allowable terms for the lease of unused highway land.

What this bill does

Authorizes the Washington State Department of Transportation to offset economic rent due, at its discretion, for the lease of surplus property for social, environmental, or economic benefits provided by the lessee when a public agency or community-based non-profit organization uses the property for housing and ancillary improvements, parks, enhanced public spaces, or public recreation.

From the Washington State Legislature's nonpartisan staff bill analysis. Read the full analysis ↗

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Other bills sponsored by Fey

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• ESHB 1125 — Making transportation appropriations for the 2021-2023 fiscal biennium and the 2023-2025 fiscal biennium. (REVISED FOR PASSED LEGISLATURE: Making transportation appropriations for the 2021-2023 and 2023-2025 fiscal biennia.)
• SHB 1163 — Exempting certain leasehold interests in arenas with a seating capacity of more than 2,000 from the leasehold excise tax.
• SHB 1620 — Concerning the number of inhabitants required for incorporation as a city or town.