1037 AMS HEAV S0969.1

HB 1037 - S AMD - 003

By Senators Heavey and Hargrove

                                               NOT ADOPTED 1/20/97

    On page 2, after line 2, strike section 3 and insert the following:

    "Sec. 3.  RCW 84.55.120 and 1995 c 251 s 1 are each amended to read as follows:

    A taxing district, other than the state, that collects regular levies shall hold a public hearing on revenue sources for the district's following year's current expense budget.  The hearing must include consideration of possible increases in property tax revenues and shall be held prior to the time the taxing district levies the taxes or makes the request to have the taxes levied.  The county legislative authority, or the taxing district's governing body if the district is a city, town, or other type of district, shall hold the hearing.  For purposes of this section, "current expense budget" means that budget which is primarily funded by taxes and charges and reflects the provision of ongoing services.  It does not mean the capital, enterprise, or special assessment budgets of cities, towns, counties, or special purpose districts.

    If the taxing district is otherwise required to hold a public hearing on its proposed regular tax levy, a single public hearing may be held on this matter.

No increase in property tax revenue may be authorized by a taxing district except by adoption of a separate ordinance or resolution specifically authorizing the increase.

NEW SECTION. Sec. 4.  Sections 1 and 2 of this act are necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and take effect immediately."

HB 1037 - S AMD - 003

By Senators Heavey and Hargrove

                                               NOT ADOPTED 1/20/97

    On page 1, line 2 of the title, after "84.55.012" insert "and 84.55.120"

                            --- END ---