5540 AMH MOEL LEAT 093

SB 5540 - H AMD 652

By Representative Moeller

ADOPTED 4/16/2009

    On page 3, line 1, after "chapter" strike all material through "81.104.170" on line 5, and insert ", subject to the following restrictions:

    (a) Any combined tax rates imposed under this chapter within the boundaries of the transit agency establishing a high capacity transportation corridor area or areas may not exceed the maximum rates authorized under RCW 81.104.150, 81.104.160, and 81.104.170;

    (b) If a majority of the voters within the boundaries of a high capacity transportation corridor area approve a proposition imposing any high capacity transportation taxes, the governing body of the high capacity transportation corridor area may not seek subsequent voter approval of any additional high capacity transportation taxes, notwithstanding any remaining authorized taxing capacity; and

    (c) The governing body of a high capacity transportation corridor area may not submit any authorizing proposition for voter-approved taxes prior to July 1, 2012"

EFFECT:  Provides that the governing body of a high capacity transportation corridor area (1) may only obtain voter-approval of high capacity transportation taxes one time, even if there remains additional high capacity transportation taxing authority; and (2) may not submit an authorizing proposition for voter-approved taxes until July 1, 2012.    

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