|Passed by the House March 11, 2004|
Speaker of the House of Representatives
Passed by the Senate March 11, 2004
President of the Senate
I, Richard Nafziger, Chief Clerk of the House of Representatives of the State of Washington, do hereby certify that the attached is SUBSTITUTE HOUSE BILL 2929 as passed by the House of Representatives and the Senate on the dates hereon set forth.
Governor of the State of Washington
Secretary of State
State of Washington
|State of Washington||58th Legislature||2004 Regular Session|
READ FIRST TIME 02/10/04.
AN ACT Relating to suspending business and occupation taxation on certain businesses impacted by the ban on American beef products; adding a new section to chapter 82.04 RCW; creating a new section; and declaring an emergency.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
NEW SECTION. Sec. 1 The legislature finds that the recent
occurrence of bovine spongiform encephalopathy and the resulting bans
on beef imports from the United States have had a severe economic
impact on the state's beef processing industry. The legislature
intends to provide temporary business and occupation tax relief for
Washington's beef processors.
NEW SECTION. Sec. 2 A new section is added to chapter 82.04 RCW
to read as follows:
(1) In computing tax there may be deducted from the measure of tax those amounts received for:
(a) Slaughtering cattle, but only if the taxpayer sells the resulting slaughtered cattle at wholesale and not at retail;
(b) Breaking or processing perishable beef products, but only if the perishable beef products are derived from cattle slaughtered by the taxpayer and sold at wholesale only and not at retail;
(c) Wholesale sales of perishable beef products derived from cattle slaughtered by the taxpayer;
(d) Processing nonperishable beef products, but only if the products are derived from cattle slaughtered by the taxpayer and sold at wholesale only and not at retail; and
(e) Wholesale sales of nonperishable beef products derived from cattle slaughtered by the taxpayer.
(2) For the purposes of this section, "beef products" means the carcass, parts of carcass, meat, and meat by-products, derived exclusively from cattle and containing no other ingredients.
(3) The deduction allowed under this section is allowed only for tax liability incurred after the effective date of this section and until the first day of the month following the date on which the bans on the importation of beef and beef products from the United States of America by Japan, Mexico, and the Republic of South Korea have all been lifted.
(4) The department must provide notice, on the department's web site, of the date on which this deduction is no longer available. The notice required by this section does not affect the availability of the deduction under this section.
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