Authorizing a narrow modification to indebtedness limits for select inland port districts to ensure continued eligibility for federal funding for rail, power, and other critical public infrastructure improvements.

SB 6132 allows select inland port districts meeting specific property value thresholds (total taxable value of $6-7 billion, with an increment area valued under $150 million) to borrow an additional 0.25% of their taxable property value for rail, power, and other critical public infrastructure projects. This targeted adjustment modifies existing debt limits in RCW 53.36.030 to maintain eligibility for federal infrastructure funding that would otherwise be lost under current caps. The bill requires districts to have established an increment area under state law and use funds exclusively for qualifying public improvements. It does not require voter approval for this additional borrowing capacity, directly affecting qualifying port districts seeking federal infrastructure support.