2524-S.E AMS HASE GAMB 170

ESHB 2524 - S AMD TO S-5060.4/16 744

By Senators Hasegawa, Benton

NOT ADOPTED 03/08/2016

On page 36, line 30 of the amendment, strike "$72,930,000", and

insert "$73,130,000"

    On page 36, line 35 of the amendment, strike "$172,686,000" and

insert "$172,886,000"

    On page 41, after line 3 of the amendment, insert the following:

    "(13) $200,000 of the multimodal transportation account--state

appropriation is provided solely for the city of Seattle to cover the costs of administering restricted parking zones in the

vicinity of existing regional transit authority facilities in

Seattle. The city shall provide restricted parking zone permits at no cost to residents of existing restricted parking zones in the vicinity of regional transit authority facilities in Seattle."

    On page 84, after line 7 of the amendment, insert the following:

    "Sec. 702. RCW 82.08.809 and 2015 3rd sp.s. c 44 s 408 are each

amended to read as follows:

    (1) Except as provided in subsection (4) of this section, the

tax levied by RCW 82.08.020 does not apply to sales of new passenger

cars, light duty trucks, and medium duty passenger vehicles, which

(a) are exclusively powered by a clean alternative fuel or (b) use

at least one method of propulsion that is capable of being

reenergized by an external source of electricity and are capable of

traveling at least thirty miles using only battery power.

    (2) The seller must keep records necessary for the department to

verify eligibility under this section.

    (3) As used in this section, "clean alternative fuel" means

natural gas, propane, hydrogen, or electricity, when used as a fuel

in a motor vehicle that meets the California motor vehicle emission

standards in Title 13 of the California code of regulations,

effective January 1, 2005, and the rules of the Washington state

department of ecology.

    (4)(a) A sale, other than a lease, is not exempt from sales tax

as described under subsection (1) of this section if the selling

price of the vehicle plus trade-in property of like kind exceeds

thirty-five thousand dollars.

(b) For leased vehicles for which the lease agreement is signed

on or after July 15, 2015, lease payments are not exempt from sales

tax as described under subsection (1) of this section if the fair

market value of the vehicle being leased exceeds thirty-five

thousand dollars at the inception of the lease. For the purposes of

this subsection (4)(b), "fair market value" has the same meaning as

"value of the article used" in RCW 82.12.010.

(c) For leased vehicles for which the lease agreement was signed

before July 15, 2015, lease payments are exempt from sales tax as

described under subsection (1) of this section regardless of the

vehicle's fair market value at the inception of the lease.

    (5) On the last day of January, April, July, and October of each

year, the state treasurer, based upon information provided by the

department, must transfer from the multimodal transportation account

to the general fund a sum equal to the dollar amount that would

otherwise have been deposited into the general fund during the prior

calendar quarter but for the exemption provided in this section,

except during the 2015-17 fiscal biennium the first two hundred

thousand dollars must be held in the multimodal transportation

account and be appropriated solely for the purposes identified in

section 220 (13) of this act. Information provided by the department

to the state treasurer must be based on the best available data,

except that the department may provide estimates of taxes exempted

under this section until such time as retailers are able to report

such exempted amounts on their tax returns. For purposes of this

section, the first transfer for the calendar quarter after July 15,

2015, must be calculated assuming only those revenues that should

have been deposited into the general fund beginning July 1, 2015.

    (6) Lease payments due on or after July 1, 2019, are subject to

the taxes imposed under this chapter.

    (7) This section expires July 1, 2019."

    Renumber the remaining sections consecutively and correct any

internal references accordingly.

ESHB 2524 S AMD TO S AMD (S-5060.4/16)

By Senator Hasegawa

    On page 85, line 2 of the title amendment, after "81.53.281",

insert "and 82.08.809"

EFFECT: Reserves $200,000 of the electric vehicle tax credit

refund for the City of Seattle to cover the costs of providing free

parking to resident in restricted parking zones in the vicinity of existing Sound Transit facilities in Seattle.

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