An Amended Senate Bill SSB 5834 passed the Senate, on to the House.
As it stands, after Seahawks Stadium is paid off in 2021 (or sooner), 1/3 of the money goes to arts and heritage, 1/3 goes to workforce housing and/or to support homeless youth, and 1/3 goes to promoting tourism that attracts people to the county.
In 2021 that revenue is projected to be $25,567,000 (cut it up into 3rds).
To see what the 2% hotel tax looks like going into the future, please check out the spreadsheet used to explain (the now dead) HB 1997 here.
7th column from the right, under the blue HB 1997 bar is a bright red arrow pointing to $25,567,000 in 2021.
Yes, that is a lot of money.
No, there isn't a sunset clause in the bill.
Yes, it still goes to the House for a vote.
