2520-S AMH MORT PETE 724
SHB 2520 - H AMD 0163 FAILED5 2/17/92
By Representative Morton
On page 5, line 3, after "(8)" strike everything through "then" on line 5 and insert "At such time as distributions are made under RCW 84.44.150,"
SHB 2520 - H AMD
By Representative Morton
On page 6, line 2, after "subsection." strike everything through "counties." on line 19 and insert
"(c) Fifty cents an acre."
SHB 2520 - H AMD
By Representative Morton
On page 7, line 2, after "fund." insert
Sec. 2. RCW 82.44.110 and 1991 c 199 s 221 are each amended to read as follows:
"The county auditor shall regularly, when remitting license fee receipts, pay over and account to the director of licensing for the excise taxes collected under the provisions of this chapter. The director shall forthwith transmit the excise taxes to the state treasurer.
(1) The state treasurer shall deposit the excise taxes collected under RCW 82.44.020(1) as follows:
(a) 1.60 percent into the motor vehicle fund to defray administrative and other expenses incurred by the department in the collection of the excise tax.
(b) 8.15 percent into the Puget Sound capital construction account in the motor vehicle fund.
(c) 4.07 percent into the Puget Sound ferry operations account in the motor vehicle fund.
(d) 8.83 percent into the general fund to be distributed under RCW 82.44.155.
(e) 4.75 percent into the municipal sales and use tax equalization account in the general fund created in RCW 82.14.210.
(f) (i) 1.60 percent into the county sales and use tax equalization account in the general fund created in RCW 82.14.200.
(ii) If the amount deposited under subsection (f) (i) is not sufficient to fully fund the estimated distributions under RCW 84.14.200 then an additional deposit shall be made to the county sales and use tax equalization account. This additional deposit shall not exceed .15 percent.
(g) 62.6440 percent into the general fund through June 30, 1993, 57.6440 percent into the general fund beginning July 1, 1993, and 66 percent into the general fund beginning January 1, 1994. The deposit in this subsection shall be reduced by the amount deposited in the county sales and use tax equalization account in subsection (f) (ii).
(h) 5 percent into the transportation fund created in RCW 82.44.180 beginning July 1, 1993.
(i) 5.9686 percent into the county criminal justice assistance account created in RCW 82.14.310 through December 31, 1993.
(j) 1.1937 percent into the municipal criminal justice assistance account for distribution under RCW 82.14.320 through December 31, 1993.
(k) 1.1937 percent into the municipal criminal justice assistance account for distribution under RCW 82.14.330 through December 31, 1993.
(2) The state treasurer shall deposit the excise taxes collected under RCW 82.44.020(2) into the transportation fund.
(3) The state treasurer shall deposit the excise tax imposed by RCW 82.44.020(3) into the air pollution control account created by RCW 70.94.015."
Renumber sections consecutively and correct any internal references accordingly.
EFFECT: Increases distribution of MVET money to fully fund the new formula.