S-3629.1                   _______________________________________________

                                                     SENATE BILL 6018

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State of Washington                              53rd Legislature                             1994 Regular Session

By Senators Winsley and Haugen

Read first time 01/10/94.  Referred to Committee on Government Operations.

Clarifying authorized uses of the excise tax on the sale of real property.

          AN ACT Relating to clarifying the authorized uses of the excise tax on the sale of real property; and creating a new section.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

NEW SECTION. Sec. 1.  The legislature declares that, in section 13, chapter 49, Laws of 1982 1st ex. sess., effective July 1, 1982, its original intent in limiting the use of the proceeds of the tax authorized in RCW 82.46.010(2) to "local capital improvements" was to include in such expenditures the acquisition of real and personal property associated with such local capital improvements.  Any such expenditures made by cities, towns, and counties on or after July 1, 1982, are hereby declared to be authorized and valid.

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