SB 6344-S2 - DIGEST

(DIGEST OF PROPOSED 2ND SUBSTITUTE)

     Provides that taxes deferred under Chapter 82.60 RCW on an investment project for which a deferral has been granted after June 30, 1994, need not be repaid.

     Extends the expiration date for RCW 82.60.030 and 82.60.040 to July 1, 2004.