BILL REQ. #:  S-4040.1 

Read first time 01/26/12.   Referred to Committee on Ways & Means.

     AN ACT Relating to exempting entry fees for certain running events and basketball tournaments from the sales and use tax; adding a new section to chapter 82.08 RCW; adding a new section to chapter 82.12 RCW; and declaring an emergency.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

NEW SECTION.  Sec. 1   A new section is added to chapter 82.08 RCW to read as follows:
     (1) The tax levied by RCW 82.08.020 does not apply to sales of entry fees made by a nonprofit organization to persons participating in an eligible basketball tournament or an eligible running event operated by the nonprofit.
     (2) For the purposes of this section, the following definitions apply:
     (a) "Eligible basketball tournament" means a basketball tournament that:
     (i) Is held in a county with a population of more than four hundred thousand persons;
     (ii) Is located east of the crest of the Cascade mountains; and
     (iii) Has more than twenty thousand individuals participating; and
     (b) "Eligible running event" means a running event that:
     (i) Is held in a county with a population of more than four hundred thousand persons;
     (ii) Is located east of the crest of the Cascade mountains; and
     (iii) Has more than forty thousand individuals participating.

NEW SECTION.  Sec. 2   A new section is added to chapter 82.12 RCW to read as follows:
     (1) The provisions of this chapter do not apply with respect to entry fees for an eligible basketball tournament or an eligible running event operated by a nonprofit organization.
     (2) The definitions in section 1 of this act apply to 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 immediately.