House Democrats unveil construction budget
Tuesday, February 21, 2012
OLYMPIA, Wash. (AP) -- House Democrats have unveiled a construction budget that they say would create more than 22,000 jobs.
The $1.3 billion budget would use revenue bonds to start construction jobs as early as this spring. The money would go toward hundreds of projects around the state, including work at hatcheries, parks, community colleges and universities. The budget also counts on $800 million in leveraged or matched funds.
Under the plan, an estimated $240 million in state sales tax and business taxes from new economic activity from the construction work would go to the state's operating budget.