WASHINGTON STATE LEGISLATURE
Legislative Digest No. 33

SIXTIETH LEGISLATURE
Tuesday, March 4, 200851st Day - 2008 Regular Session

SENATE
SB 6218-SSB 6323-SSB 6460-SSB 6866-S
HOUSE
HB 3380HB 3381

This publication includes digest and history for bills, joint memorials, joint resolutions, concurrent resolutions, initiatives, and substitutes. Engrossed measures may be republished if the amendment makes a substantive change.

Electronic versions of Legislative Digests are available at http://apps.leg.wa.gov/billinfo/digests.aspx?year=2008.


House Bills

HB 3380

by Representative Hunter


Relating to financing options for housing and arts, heritage, cultural, and community development programs.


Relates to financing options for housing and arts, heritage, recreational, athletic, and cultural events.
-- 2008 REGULAR SESSION --
Feb 29First reading, referred to Finance.
Mar 3FIN - Executive action taken by committee.

HB 3381

by Representative Sommers


Relating to fees to implement programs that protect and improve Washington's health, safety, education, employees, and consumers.


Relates to fees to implement programs that protect and improve Washington's health, safety, education, employees, and consumers.
-- 2008 REGULAR SESSION --
Feb 29First reading, referred to Appropriations.


Senate Bills

SB 6218-S

by Senate Committee on Ways & Means (originally sponsored by Senators Hatfield and Murray)


Concerning historic vessels.


(DIGEST OF PROPOSED 1ST SUBSTITUTE)


Declares the intent to encourage responsible participation in the hobby of collecting, preserving, restoring, and maintaining vessels of historic and special interest, a hobby that contributes to the enjoyment of Washington citizens and the preservation of Washington's classic boat memorabilia.

Defines "historic vessel" as any vessel that is at least sixty years old and is only being used for participation in club activities, exhibitions, tours, parades, and occasional pleasure boating, but does not include vessels that are used for commercial or rental purposes.

Requires that for each historic vessel, the department of licensing shall create and issue a decal separate from the decals issued to other vessels.

Provides that a historic vessel registered with the department may only be used for participation in club activities, exhibitions, tours, parades, and occasional pleasure boating.

Declares that the annual amount of the excise tax for any historic vessel as defined in this act is one-quarter of one percent of fair market value, as determined under this act, or five dollars, whichever is greater.
-- 2008 REGULAR SESSION --
Feb 28WM - Majority; 1st substitute bill be substituted, do pass.
Minority; without recommendation.
Passed to Rules Committee for second reading.

SB 6323-S

by Senate Committee on Ways & Means (originally sponsored by Senators Kilmer, King, Kastama, Shin, and Rasmussen)


Improving the effectiveness of tax incentives for eligible business projects in rural counties and community empowerment zones.


(DIGEST OF PROPOSED 1ST SUBSTITUTE)


Provides that for purposes of tax credits for eligible business projects in rural counties: (1) The department of revenue shall not allow any credits which would cause the total to exceed nine million dollars in any fiscal year; and

(2) A firm's employment growth rate is reduced to ten percent to be eligible for the credit.
-- 2008 REGULAR SESSION --
Feb 28WM - Majority; 1st substitute bill be substituted, do pass.
Passed to Rules Committee for second reading.

SB 6460-S

by Senate Committee on Ways & Means (originally sponsored by Senators Fraser, Swecker, Rasmussen, and Sheldon; by request of Governor Gregoire)


Authorizing the issuance of general obligation bonds for flood hazard mitigation projects.


(DIGEST OF PROPOSED 1ST SUBSTITUTE)


Provides that for the purpose of providing state funds for federally matched flood hazard mitigation and other projects throughout the Chehalis river basin, the state finance committee is authorized to issue general obligation bonds of the state of Washington in the sum of fifty million dollars to finance this project.
-- 2008 REGULAR SESSION --
Feb 28WM - Majority; 1st substitute bill be substituted, do pass.
Minority; without recommendation.
Passed to Rules Committee for second reading.
Feb 29Senate Rules "X" file.

SB 6866-S

by Senate Committee on Ways & Means (originally sponsored by Senators Delvin and Hewitt)


Providing a business and occupation tax credit for qualified preproduction development expenditures for polysilicon manufacturers.


(DIGEST OF PROPOSED 1ST SUBSTITUTE)


Provides for a business and occupation tax credit for qualified preproduction development expenditures for polysilicon manufacturers.
-- 2008 REGULAR SESSION --
Feb 28WM - Majority; 1st substitute bill be substituted, do pass.
Passed to Rules Committee for second reading.
Mar 3Placed on second reading by Rules Committee.