H-3404.1
SUBSTITUTE HOUSE BILL 2523
State of Washington
69th Legislature
2026 Regular Session
By House Technology, Economic Development, & Veterans (originally sponsored by Representatives Reeves, Hill, Davis, Gregerson, Parshley, Ormsby, Santos, Donaghy, Scott, and Obras)
READ FIRST TIME 02/04/26.
AN ACT Relating to the community reinvestment program; amending RCW 43.79.567 ; adding a new section to chapter 43.330 RCW; creating new sections; providing an effective date; and providing an expiration date.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
NEW SECTION. Sec. 1. The legislature finds that in order to address racial, economic, and social disparities in communities across the state created by the historical design and enforcement of state and federal criminal laws and penalties for drug possession and use in Washington state, aggressive approaches and targeted resources to support local design and control of community-based responses to these outcomes are required.
The legislature further finds that it initially appropriated $1,000,000 for the development of a community reinvestment plan and $200,000,000 for implementation of the plan in the 2023-2025 fiscal biennium through the community reinvestment account in RCW 43.79.567 . The legislature subsequently appropriated an additional $60,000,000 and $50,000,000 for the 2025-2027 and 2027-2029 fiscal biennia. The legislature finds that the initial phase of the program required use of the department of commerce's existing programs and networks to distribute money as quickly as possible. The department of commerce and the office of equity published a preliminary report on December 1, 2022, a community reinvestment plan report on September 19, 2023, and a community investment plan implementation report in October 2025. The legislature intends to transfer an amount no less than $100,000,000 per year for continued implementation of the community investment plan, reporting on the plan, and updates to the plan.