H-2411.1  _______________________________________________

 

                          HOUSE BILL 2270

          _______________________________________________

 

State of Washington      56th Legislature     1999 Regular Session

 

By Representatives Schual‑Berke and Veloria

 

Read first time 03/16/1999.  Referred to Committee on Finance.

Providing a sales and use tax exemption for regional transportation authorities.


    AN ACT Relating to a sales and use tax exemption for regional transportation authorities; adding a new section to chapter 82.08 RCW; adding a new section to chapter 82.12 RCW; and creating a new section.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

 

    NEW SECTION.  Sec. 1.  The legislature recognizes that transportation facilities linking urban centers in the state of Washington are still woefully inadequate.  Furthermore, it contradicts the intent and purpose of establishing regional transportation authorities to provide them with various public financing alternatives and then apply a state sales tax to purchases made by such authorities.  Therefore, the legislature intends that the savings resulting from the exemption provided in section 2 of this act will provide additional funds that a transportation authority can use to develop light rail linking urban centers.

 

    NEW SECTION.  Sec. 2.  A new section is added to chapter 82.08 RCW to read as follows:

    The tax levied by RCW 82.08.020 shall not apply to sales made to a regional transportation authority created under chapter 81.112 RCW.

 

    NEW SECTION.  Sec. 3.  A new section is added to chapter 82.12 RCW to read as follows:

    The provisions of this chapter shall not apply in respect to the use by a regional transportation authority, created under chapter 81.112 RCW, of any property purchased at retail or acquired by lease, gift, or bailment.

 


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