2042-S2 AMH FEYJ HAJE 266
2SHB 2042 - H AMD TO H AMD (H-3001.2/19) 770
By Representative Fey
ADOPTED 04/23/2019
On page 21, after line 38 of the striking amendment, insert the following:
"(3) On the last day of January, April, July, and October of each year, the state treasurer, based upon information provided by the department, must transfer from the multimodal transportation account to the general fund a sum equal to the dollar amount that would otherwise have been deposited into the general fund during the prior calendar quarter but for the exemption provided in this section. Information provided by the department to the state treasurer must be based on the best available data, except that the department may provide estimates of taxes exempted under this section until such time as retailers are able to report such exempted amounts on their tax returns."
Renumber the remaining subsections consecutively and correct any internal references accordingly.
On page 24, after line 5 of the striking amendment, insert the following:
"(3) On the last day of January, April, July, and October of each year, the state treasurer, based upon information provided by the department, must transfer from the multimodal transportation account to the general fund a sum equal to the dollar amount that would otherwise have been deposited into the general fund during the prior calendar quarter but for the exemption provided in this section. Information provided by the department to the state treasurer must be based on the best available data, except that the department may provide estimates of taxes exempted under this section until such time as retailers are able to report such exempted amounts on their tax returns."
Renumber the remaining subsections consecutively and correct any internal references accordingly.
On page 38, after line 21 of the striking amendment, insert the following:
"(3) On the last day of January, April, July, and October of each year, the state treasurer, based upon information provided by the department, must transfer from the multimodal transportation account to the general fund a sum equal to the dollar amount that would otherwise have been deposited into the general fund during the prior calendar quarter but for the exemption provided in this section. Information provided by the department to the state treasurer must be based on the best available data, except that the department may provide estimates of taxes exempted under this section until such time as retailers are able to report such exempted amounts on their tax returns."
Renumber the remaining subsections consecutively and correct any internal references accordingly.
On page 39, after line 6 of the striking amendment, insert the following:
"(3) On the last day of January, April, July, and October of each year, the state treasurer, based upon information provided by the department, must transfer from the multimodal transportation account to the general fund a sum equal to the dollar amount that would otherwise have been deposited into the general fund during the prior calendar quarter but for the exemption provided in this section. Information provided by the department to the state treasurer must be based on the best available data, except that the department may provide estimates of taxes exempted under this section until such time as retailers are able to report such exempted amounts on their tax returns."
Renumber the remaining subsections consecutively and correct any internal references accordingly.
| EFFECT: Requires the State Treasurer to transfer from the Multimodal Transportation Account to the State General Fund on a quarterly basis the amount that would otherwise have been deposited in the State General Fund if not for the electric vehicle battery and hydrogen fuel cell, infrastructure, and zero emissions bus sales and use tax exemption and the electric vessel sales and use tax exemption.
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