HB 1161 -
By Committee on Finance
On page 2, beginning on line 16, after "city" strike all material through "82.14.030(2)" on line 17
On page 2, line 21, after "price." insert "The tax rate imposed by a city under this subsection must be reduced by the rate of tax imposed by the county under the authority of RCW 82.14.030(2)."
EFFECT: Allows a city choosing to impose the optional real estate excise tax in lieu of its optional general sales tax authority to do so at less than the maximum rate if the county imposes its optional general sales tax authority at less than the maximum.