Providing a local government option for the funding of essential affordable housing programs.

HB 2559 allows Washington counties, cities, and towns to impose a local 4% tax on short-term rental lodging (like Airbnb stays) to fund affordable housing programs. The tax revenue must go to a dedicated state account and can be used for acquiring, rehabilitating, or constructing affordable housing, rental assistance, or related support services like job training. Local governments must report annually on how funds are spent and cannot implement the tax before April 2027. This bill directly affects short-term rental operators (who pay the tax) and local governments (which can choose to adopt the tax and manage housing funds).