6049-S.E

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ENGROSSED SUBSTITUTE SENATE BILL 6049

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State of Washington 54th Legislature 1995 Regular Session

By Senate Committee on Ways & Means (originally sponsored by Senators Prentice, Finkbeiner, Snyder and Pelz)

Read first time 03/06/95.

AN ACT Relating to financing of public stadiums used by professional sports teams; adding a new section to chapter 82.14 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 82.14 RCW to read as follows:

(1) Subject to subsections (2) and (3) of this section, the legislative authority of any county or any city may fix and impose a sales and use tax in accordance with the terms of this chapter. The tax authorized in this section shall be in addition to any other taxes authorized by law and shall be collected from those persons who are taxable by the state pursuant to chapters 82.08 and 82.12 RCW upon the occurrence of any taxable event within such county or city. The rate of tax shall be up to but not exceeding one-tenth of one percent of the selling price, in the case of a sales tax, or value of the article used, in the case of a use tax. The maximum rate of tax under this section, section 1, chapter ... (Substitute Senate Bill No. 5914), Laws of 1995, and section 1, chapter ... (Substitute Senate Bill No. 5943), Laws of 1995 shall not exceed one-tenth of one percent.

(2) No city may impose the tax under this section unless the county legislative authority waives its right to levy a tax under this section in that city. If the county legislative authority waives its right to levy the tax in that city, the city tax shall be a credit against any county tax under this section.

(3) No county or city may impose the tax under subsection (1) of this section unless the tax is first approved by a majority of the voters voting on the proposition to impose the tax.

(4) Moneys received from any tax imposed under this section shall be used exclusively for the following purposes:

(a) The purposes authorized in RCW 67.28.210, including the repair and reconstruction of a county-owned stadium with a seating capacity of forty-five thousand or more;

(b) For the purpose of paying all or any part of the cost associated with: The financing, design, acquisition, construction, equipping, operating, maintaining, and reequipping of convention center facilities under chapter 67.40 RCW related to the expansion recommended by the convention center expansion and city facilities task force created under section 148, chapter 6, Laws of 1994 sp. sess.; the acquisition, construction, and relocation costs of replacement housing; and the repayment of loans and advances from the state, including loans authorized previously under this chapter, or to pay or secure the payment of all or part of the principal of or interest on any state bonds issued for purposes authorized under chapter 67.40 RCW; and

Revenues under this section may be used for facilities in other counties pursuant to an interlocal agreement under chapter 39.34 RCW.

(5) As used in this section, "city" means any city or town.

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.