ESHB 1346 -
By Representative Orcutt
FAILED 05/22/2011
Beginning on page 4, line 16, strike all of part II and insert the following:
Sec. 201 RCW 43.06.400 and 1999 c 372 s 5 are each amended to
read as follows:
(1) Beginning in January ((1984)) 2014, and in January of every
fourth year thereafter, the department of revenue ((shall)) must submit
to the legislature prior to the regular session a listing of the amount
of reduction for the current and next biennium in the revenues of the
state or the revenues of local government collected by the state as a
result of tax exemptions. The listing ((shall)) must include an
estimate of the revenue lost from the tax exemption, the purpose of the
tax exemption, the persons, organizations, or parts of the population
which benefit from the tax exemption, and whether or not the tax
exemption conflicts with another state program. The listing ((shall))
must include but not be limited to the following revenue sources:
(((1))) (a) Real and personal property tax exemptions under Title
84 RCW;
(((2))) (b) Business and occupation tax exemptions, deductions, and
credits under chapter 82.04 RCW;
(((3))) (c) Retail sales and use tax exemptions under chapters
82.08, 82.12, and 82.14 RCW;
(((4))) (d) Public utility tax exemptions and deductions under
chapter 82.16 RCW;
(((5))) (e) Food fish and shellfish tax exemptions under chapter
82.27 RCW;
(((6))) (f) Leasehold excise tax exemptions under chapter 82.29A
RCW;
(((7))) (g) Motor vehicle and special fuel tax exemptions and
refunds under chapters 82.36 and 82.38 RCW;
(((8))) (h) Aircraft fuel tax exemptions under chapter 82.42 RCW;
(((9))) (i) Motor vehicle excise tax exclusions under chapter 82.44
RCW; and
(((10))) (j) Insurance premiums tax exemptions under chapter 48.14
RCW.
(2) The department of revenue ((shall)) must prepare the listing
required by this section with the assistance of any other agencies or
departments as may be required.
(3) The department of revenue ((shall)) must present the listing to
the ways and means committees of each house in public hearings.
(4) Beginning in January ((1984)) 2014, and every four years
thereafter the governor is requested to review the report from the
department of revenue and may submit recommendations to the legislature
with respect to the repeal or modification of any tax exemption. The
ways and means committees of each house and the appropriate standing
committee of each house ((shall)) must hold public hearings and take
appropriate action on the recommendations submitted by the governor.
(5) As used in this section, "tax exemption" means an exemption,
exclusion, or deduction from the base of a tax; a credit against a tax;
a deferral of a tax; or a preferential tax rate."
Correct the title.
EFFECT: Suspends the tax exemption report until 2014.