1109-S AMH VICK BUNC 187

  

SHB 1109 - H AMD 492

By Representative Vick

ADOPTED 03/29/2019

On page 39, line 24, increase the general fund-state appropriation for fiscal year 2020 by $50,000

On page 39, line 35, correct the title

On page 40, after line 11, insert:

"(3)(a) $50,000 of the general fund-state appropriation for fiscal year 2020 is provided solely for the department to conduct a study that analyzes the economic impact of reducing the standard manufacturing, wholesaling, and retailing business and occupation rates on the value of products manufactured by all manufacturers to 0.2904. At a minimum, the study must evaluate the economic impact to all counties, including rural and distressed counties.

(b) The final report must be presented to the governor and appropriate committees of the legislature by or before June 30, 2020."

EFFECT:   Provides $50,000 to the Department of Revenue to study the economic impact of reducing the standard manufacturing, wholesaling, and retailing business and occupation rates for manufacturers.

FISCAL IMPACT:

 Increases General Fund - State by $50,000.

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