HB 2708 - DIGEST

(SUBSTITUTED FOR - SEE 1ST SUB)

     Directs the department of revenue to perform a study to:  (1) Determine the current and potential impact of warehouse and distribution activity on the Washington economy;

     (2) identify the state of Washington's competitors for warehouse and distribution investment and evaluate the state's competitive status;

     (3) analyze how the current tax structure affects warehouse and distribution activity;

     (4) evaluate alternative methods of taxing warehouse and distribution activity;

     (5) identify the effects of tax incentives for warehouse and distribution activity; and

     (6) recommend to the legislature tax changes that might result in more equitable taxation of warehouse and distribution activity while preserving a stable source of revenue for funding public services in the future.