S-4537.1                   _______________________________________________

                                            SUBSTITUTE SENATE BILL 6375

                              _______________________________________________

State of Washington                              53rd Legislature                             1994 Regular Session

By Senate Committee on Ways & Means (originally sponsored by Senators Haugen, Winsley, M. Rasmussen and Oke)

Read first time 02/04/94.

Waiving the one hundred six percent limit for veteran's assistance county levies.

          AN ACT Relating to waiver of the one hundred six percent property tax limitation by counties for a veteran's assistance levy; and amending RCW 73.08.080.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

        Sec. 1.  RCW 73.08.080 and 1985 c 181 s 2 are each amended to read as follows:

          The legislative authorities of the several counties in this state shall levy, in addition to the taxes now levied by law, a tax in a sum equal to the amount which would be raised by not less than one and one-eighth cents per thousand dollars of assessed value, and not greater than twenty-seven cents per thousand dollars of assessed value against the taxable property of their respective counties, to be levied and collected as now prescribed by law for the assessment and collection of taxes, for the purpose of creating the veteran's assistance fund for the relief of honorably discharged veterans as defined in RCW 41.04.005 and the indigent wives, husbands, widows, widowers and minor children of such indigent or deceased veterans, to be disbursed for such relief by such county legislative authority:  PROVIDED, That if the funds on deposit, less outstanding warrants, residing in the veteran's assistance fund on the first Tuesday in September exceed the expected yield of one and one-eighth cents per thousand dollars of assessed value against the taxable property of the county, the county legislative authority may levy a lesser amount:  PROVIDED FURTHER, That the costs incurred in the administration of said veteran's assistance fund shall be computed by the county treasurer not less than annually and such amount may then be transferred from the veteran's assistance fund as herein provided for to the county current expense fund.

          The amount of a levy allocated to the purposes specified in this section ((may be reduced in the same proportion as the regular property tax levy of the county is reduced by)) is not subject to chapter 84.55 RCW.

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