| Passed by the House March 7, 2005 Yeas 96 ________________________________________ Speaker of the House of Representatives Passed by the Senate April 7, 2005 Yeas 49 ________________________________________ 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 HOUSE BILL 1407 as passed by the House of Representatives and the Senate on the dates hereon set forth. ________________________________________ Chief Clerk | |
| Approved ________________________________________ Governor of the State of Washington | Secretary of State State of Washington |
| State of Washington | 59th Legislature | 2005 Regular Session |
Read first time 01/24/2005. Referred to Committee on Finance.
AN ACT Relating to providing an expiration date for the tax deduction for certain businesses impacted by the ban on American beef products; amending RCW 82.04.4336; and providing an expiration date.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
Sec. 1 RCW 82.04.4336 and 2004 c 235 s 2 are each amended 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 March 31, 2004, 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.
(5) This section expires December 31, 2007.