Safeco Field taxes bill finally drops with money shifting to arts, housing and convention center expansion
King County Executive Dow Constantine has been preparing a bill that would divvy up some of the taxes that are now paying off the bonds for Safeco Field. But it too until Day 40 of the session for an actual bill to surface.
If a bill doesn’t pass this session, the taxes expire when the bonds are retired, probably sometime in late summer.
House Bill 1997 by Des Moines Democrat Tina Orwall would divide up the half-cent food and bar tax and two chunks of car rental taxes, both collected only in King County. The money would go to 4Culture ( a King County public development authority that funds various arts, culture and heritage institutions) to low-income housing and to a new fund to pay for tourism-related projects in the Pioneer Square and International District neighborhoods near the baseball and football stadiums.
Finally, some of the money _ actually quite a bit – would help pay for an expansion of the Washington State Convention and Trade Center in Seattle.