H-3434.1 _______________________________________________
HOUSE BILL 2822
_______________________________________________
State of Washington 56th Legislature 2000 Regular Session
By Representatives Murray, H. Sommers, Poulsen, Dickerson, Tokuda, Kenney, Veloria, Constantine, Santos, Edwards, O'Brien, Benson and McIntire
Read first time 01/21/2000. Referred to Committee on Appropriations.
AN ACT Relating to financial relief for businesses damaged by the world trade organization protests; adding a new section to chapter 38.52 RCW; adding a new section to chapter 82.32 RCW; and declaring an emergency.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
NEW SECTION. Sec. 1. A new section is added to chapter 38.52 RCW to read as follows:
Any business with ten or fewer employees located in Seattle that incurred physical damage to its facilities and/or loss of sales and service income between November 30, 1999, through December 5, 1999, arising from demonstrations associated with the world trade organization meeting in Seattle may submit its application of itemized costs of repairing the damage to these facilities and replacing the sales and service loss during this time period to the director of the emergency management program. The director, in his or her judgment, shall:
(1) Describe the form and content of the application;
(2) Determine the appropriate and reasonable cost of damages and sales and service loss to the business making the application, not including any insured damages or losses;
(3) Certify the amount of damage and sales and service loss attributable to these demonstrations; and
(4) Give priority to certifying damages and losses to businesses with three or fewer employees.
NEW SECTION. Sec. 2. A new section is added to chapter 82.32 RCW to read as follows:
The amounts certified by the director of the emergency management program under section 1 of this act may be claimed as credits against taxes payable under chapters 82.04, 82.08, and 82.12 RCW, including amounts collected by a seller under RCW 82.08.050. A credit claimed under this section may not exceed the amount of tax that would otherwise be due. A refund shall not be given in place of a credit. A credit must be claimed by the due date of the last tax return for the calendar year in which the expenditure is made. Any unused credit may be carried over to subsequent calendar years.
NEW SECTION. Sec. 3. This act is necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and takes effect immediately.
--- END ---