HB 2917-S - DIGEST

(DIGEST AS ENACTED)

     Revises provisions regulating fuel tax and international registration plan payments.

     Declares an intent that leaded racing fuel be exempted from payment of the motor vehicle fuel tax, since it is illegal for use on the public highways of the state under federal law.  The legislature further intends that leaded racing fuel be subject to the retail sales and use taxes under chapters 82.08 and 82.12 RCW and that the revenue collected will be earmarked as provided.

     Declares that motor vehicle fuel that is used exclusively for racing and is illegal for use on the public highways of the state under state or federal law is exempt from the tax imposed under chapter 82.38 RCW.

     Directs the department of revenue to deposit into the advanced environmental mitigation revolving account, created in RCW 47.12.340, all moneys received from the imposition on consumers of the taxes under chapters 82.08 and 82.12 RCW on the sales or use of leaded racing fuel which is exempted from the motor vehicle fuel tax under this act.