H-1900.2  _______________________________________________

                          HOUSE BILL 2028

          _______________________________________________

State of Washington      54th Legislature     1995 Regular Session

By Representatives Mulliken, Morris, McMorris, Van Luven, Boldt, Chandler, Pennington, Schoesler, Carrell, Benton and Blanton

Read first time 02/22/95.  Referred to Committee on Finance.

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

    AN ACT Relating to providing business and occupation tax exemptions for sale of motor vehicles; adding new sections 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 motor vehicles at wholesale.

NEW SECTION. Sec. 2.  A new section is added to chapter 82.04 RCW to read as follows:

    This chapter shall not apply to amounts received for sales, by dealers located in this state, of a fleet, as defined in RCW 70.120.010.

NEW SECTION. Sec. 3.  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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