HB 2090 - DIGEST

(SUBSTITUTED FOR - SEE 1ST SUB)

     Finds that the gasahol exemption and credit granted to motor fuel distributors in 1983 is not in the best interest of the state.

     Revises the distribution formula in RCW 46.68.090.

     Declares that a distributor is eligible for a refund of the motor fuel tax in lieu of the former tax exemption and credit, with restrictions.

     Makes the act contingent upon the approval or disapproval of the voters.