1087-S AMH ANDG ZUGE 118

SHB 1087 - H AMD 599

By Representative Anderson

WITHDRAWN 04/08/2011

    On page 138, beginning on line 29, strike all material through "board." on page 139, line 32 and insert the following:

    "State research universities, the state regional universities, the Evergreen State College and the State Board for Community and Technical Colleges are annually authorized to increase undergraduate resident tuition by no more than the fiscal growth factor in RCH 43.135.025(7)."

 

    On page 141, starting on line 8, strike all of section 604

 

    Renumber the remaining sections consecutively and correct any internal references accordingly.

 

    On page 145, line 15, increase the general fund--state appropriation for fiscal year 2012 by $65,595,000

 

    On page 145, line 16, increase the general fund--state appropriation for fiscal year 2013 by $65,595,000

 

    On page 145, line 23, correct the total.

 

    On page 147, line 4, increase the general fund--state appropriation for fiscal year 2012 by $19,114,000

 

    On page 147, line 5, increase the general fund--state appropriation for fiscal year 2013 by $19,114,000

 

    On page 147, line 9, correct the total.

   

    On page 148, line 10, increase the general fund--state appropriation for fiscal year 2012 by $6,442,000

 

    On page 148, line 11, increase the general fund--state appropriation for fiscal year 2013 by $6,442,000

 

    On page 148, line 13, correct the total.

 

    On page 149, line 14, increase the general fund--state appropriation for fiscal year 2012 by $6,979,000

 

    On page 149, line 15, increase the general fund--state appropriation for fiscal year 2013 by $6,979,000

 

    On page 149, line 17, correct the total.

 

    On page 150, line 14, increase the general fund--state appropriation for fiscal year 2012 by $4,462,000

 

    On page 150, line 15, increase the general fund--state appropriation for fiscal year 2013 by $4,462,000

 

    On page 150, line 17, correct the total.

 

    On page 153, line 31, increase the general fund--state appropriation for fiscal year 2012 by $11,028,000

 

    On page 153, line 32, increase the general fund--state appropriation for fiscal year 2013 by $11,028,000

 

    On page 153, line 34, correct the total.

 

    On page 170, after line 7, insert the following:

 

    "NEW SECTION.  Sec. 723. OFFICE OF FINANCIAL MANAGEMENT--ALLOTMENT REDUCTION

    (1) The office of financial management shall reduce allotments from 2011-13 state general fund appropriations in order to achieve a savings of $111 million in fiscal year 2012 and $111 million in fiscal year 2013.  Subject to the exceptions specified in this section, all allotments of general fund appropriations in this act shall be reduced proportionately to achieve these savings.  These allotment reductions shall be placed in unallotted status and shall remain unexpended.

    (2)  The following appropriations are exempt from the allotment reduction in this section: Appropriations for institutions of higher education in part VI of this act; for the program of basic K-12 education; debt service on state bonds; for public pension contributions; and for the judicial and legislative branches. 

    (3) A total amount equivalent to the savings attributable to these allotment reductions is included in the appropriations made to institutions of higher education in part VI of this act."

 

     On page 231, after line 34, insert the following:

"Sec. 962. A new section is added to chapter 82.04 RCW to read as follows:

     (1) From July 1, 2011, through July 1, 2013, and in addition to any other taxes imposed under this chapter, a surcharge is imposed on gross amounts in excess of five hundred million dollars during the fiscal year.  The tax is imposed on those persons who are subject to any tax imposed on wholesaling or retailing activities, or the tax imposed under RCW 82.04.290(1) or (2). The rate of the surcharge is equal to 0.13 percent.  The surcharge is added to any other applicable tax rates under this chapter.

(2)  All receipts from the surcharge imposed under this section must be deposited into the general fund."

    Renumber the remaining sections consecutively and correct any internal references accordingly.

 

    Correct the title.

 

 

    EFFECT:  Provides the state's universities, college and community and technical colleges authority to annually increase tuition up by a percentage equal to the fiscal growth factor.  Requires an across the board reduction in the amount of $167,000,000 to all state appropriations with the exception of appropriations for K-12 appropriations for the program of basic education; debt service on state bonds; public pension contributions; and appropriations for the judicial and legislative branches.  Appropriates the amount of $167,000,000 to the state universities and college.  Requires a .024 percent surcharge in the Business and Occupation Tax on persons with gross income above $500,000,000 per year.   Appropriates these funds to the state universities and college. 

 

    FISCAL IMPACT: Increases General Fund-State expenditures by a net of $167,000,000.  Increases General Fund-State revenue by $167,000,000

 

 

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