H-0944.1  _______________________________________________

                          HOUSE BILL 1545

          _______________________________________________

State of Washington      54th Legislature     1995 Regular Session

By Representatives Mulliken, Boldt, Carrell, Chandler, McMorris, Koster, D. Schmidt, L. Thomas, Stevens, Beeksma, Pelesky, Campbell, Mastin, McMahan, Hargrove, Hymes, Van Luven, Schoesler and Clements

Read first time 01/30/95.  Referred to Committee on Finance.

Providing a business and occupation tax exemption for sale of out-of-state motor vehicles.

    AN ACT Relating to providing a business and occupation tax exemption for sale of out-of-state motor vehicles; adding a new section to chapter 82.04 RCW; providing an effective date; and declaring an emergency.

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

NEW SECTION. Sec. 1.  A new section is added to chapter 82.04 RCW to read as follows:

    This chapter shall not apply to amounts received from the sale of automobiles at wholesale at auctions when:

    (1) At the time of the auction the automobiles are registered in a state other than Washington; and

    (2) All sales at the auction are restricted to motor vehicle dealers licensed under chapter 46.70 RCW.

NEW SECTION. Sec. 2.  This act is necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and shall take effect July 1, 1995.

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