HB 1491 - DIGEST

     Revises the limit factor for property tax levies.

     Takes effect on the day a decision of a court in this state becomes final and invalidates, in whole or in part, the application of sections 5 and 6, chapter 2, Laws of 2001 (Initiative Measure No. 722) to property tax levies.

     Applies to taxes levied for collection in 2002 and thereafter.

     Repeals RCW 84.55.0101.