1879-S AMH MCIN H4734.1

SHB 1879 - H AMD 769

By Representative McIntire

ADOPTED 02/11/2004

On page 2, line 30, strike "2004" and insert "2005"

Beginning on page 4, line 25, strike all of section 5 and insert the following:

"Sec. 5. RCW 82.14.050 and 2003 c 168 s 201 and 2003 c 83 s 208 are each reenacted and amended to read as follows:

(1) The counties, cities, and transportation authorities under RCW 82.14.045, public facilities districts under chapters 36.100 and 35.57 RCW, public transportation benefit areas under RCW 82.14.440, and regional transportation investment districts shall contract, prior to the effective date of a resolution or ordinance imposing a sales and use tax, the administration and collection to the state department of revenue, which shall deduct a percentage amount, as provided by contract, not to exceed two percent of the taxes collected for administration and collection expenses incurred by the department.

(2) The remainder of any portion of any tax authorized by this chapter that is collected by the department of revenue shall be deposited by the state department of revenue in the local sales and use tax account hereby created in the state treasury. Moneys in the local sales and use tax account may be spent only for distribution to counties, cities, transportation authorities, public facilities districts, public transportation benefit areas, and regional transportation investment districts imposing a sales and use tax.

(3) All administrative provisions in chapters 82.03, 82.08, 82.12, and 82.32 RCW, as they now exist or may hereafter be amended, shall, insofar as they are applicable to state sales and use taxes, be applicable to taxes imposed pursuant to this chapter. Counties, cities, transportation authorities, public facilities districts, and regional transportation investment districts may not conduct independent sales or use tax audits of sellers registered under the streamlined sales tax agreement.

(4) Except as provided in RCW 43.08.190, all earnings of investments of balances in the local sales and use tax account shall be credited to the local sales and use tax account and distributed to the counties, cities, transportation authorities, public facilities districts, public transportation benefit areas, and regional transportation investment districts monthly.

(5) As used in this section, in addition to the meaning given in RCW 82.14.020, "city" has the meaning given in section 2 of this act."

On page 5, after line 32, insert the following:

"NEW SECTION. Sec. 7. This act takes effect July 1, 2004."

Correct the title.

EFFECT: (1) Updates date that report is due to the legislature.

(2) Updates RCW 82.14.050 to reflect 2003 changes.

(3) Provides effective date.

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