S-1575.1  _______________________________________________

 

                         SENATE BILL 5946

          _______________________________________________

 

State of Washington      54th Legislature     1995 Regular Session

 

By Senators West, McCaslin, Hochstatter, Schow and Long

 

Read first time 02/15/95.  Referred to Committee on Ways & Means.

 

Lowering public utility tax rates.



    AN ACT Relating to lowering public utility tax rates; and amending RCW 82.16.020.

 

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

 

    Sec. 1.  RCW 82.16.020 and 1989 c 302 s 204 are each amended to read as follows:

    (1) There is levied and there shall be collected from every person a tax for the act or privilege of engaging within this state in any one or more of the businesses herein mentioned.  The tax shall be equal to the gross income of the business, multiplied by the rate set out after the business, as follows:

    (a) Railroad, express, railroad car, sewerage collection, and telegraph businesses:  Three and six-tenths percent;

    (b) Light and power business:  Three and ((sixty-two one-hundredths)) six-tenths percent;

    (c) Gas distribution business:  Three and six-tenths percent;

    (d) Urban transportation business:  Six-tenths of one percent;

    (e) Vessels under sixty-five feet in length, except tugboats, operating upon the waters within the state:  Six-tenths of one percent;

    (f) Motor transportation and tugboat businesses, and all public service businesses other than ones mentioned above:  One and eight-tenths of one percent;

    (g) Water distribution business:  ((Four and seven-tenths)) Three and six-tenths percent.

    (2) An additional tax is imposed equal to the rate specified in RCW 82.02.030 multiplied by the tax payable under subsection (1) of this section.

    (3) Twenty percent of the moneys collected under subsection (1) of this section on water distribution businesses and sixty percent of the moneys collected under subsection (1) of this section on sewerage collection businesses shall be deposited in the public works assistance account created in RCW 43.155.050.

 


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