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                     ENGROSSED HOUSE BILL 2032

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State of Washington      54th Legislature     1995 Regular Session

 

By Representatives K. Schmidt, R. Fisher, Hatfield, Cairnes, Brown, Backlund, Romero, Johnson, D. Schmidt, Elliot, Benton and Blanton

 

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

 

Depositing certain sales or use tax revenue into the transportation fund.


    AN ACT Relating to the sales tax on highway and ferry construction contracts; adding new sections to chapter 82.32 RCW; and creating a new section.

 

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

 

    NEW SECTION.  Sec. 1.  It is the intent of the legislature that beginning January 1, 1997, if the motor vehicle fuel tax rate increases, the increased state sales or use tax revenue collected on state highway and ferry contracts associated with those increases in the motor vehicle fuel tax shall be deposited into the transportation fund.

 

    NEW SECTION.  Sec. 2.  A new section is added to chapter 82.32 RCW to read as follows:

    Beginning January 1, 1997, the department of revenue shall deposit into the transportation fund all moneys received from the imposition of the taxes paid under chapters 82.08 and 82.12 RCW on state highway and ferry construction contracts that are attributable to increases in the motor vehicle fuel tax rate imposed under chapter 82.36 RCW.

 

    NEW SECTION.  Sec. 3.  A new section is added to chapter 82.32 RCW to read as follows:

    The departments of revenue and transportation shall collaboratively develop a process for determining that portion of taxes paid under chapters 82.08 and 82.12 RCW that are paid on state highway and ferry construction contracts related to the motor vehicle fuel tax rate increases enacted after January 1, 1997.

 


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