1109-S.E AMS PADD S3746.1
ESHB 1109 - S AMD TO WM COMM AMD (S-3636.2/19) 489
By Senator Padden
NOT ADOPTED 04/04/2019
On page 42, line 32, increase the general fund—state appropriation for fiscal year 2020 by $30,000
On page 42, line 33, increase the general fund—state appropriation for fiscal year 2021 by $30,000
On page 43, line 8, correct the total
On page 44, after line 17, insert the following:
"(9) $30,000 of the general fund—state appropriation for fiscal year 2020 and $30,000 of the general fund—state appropriation for fiscal year 2021 are provided solely for the implementation of Senate Bill No. 5608 (lowering the business and occupation tax rate). If the bill is not enacted by June 30, 2019, the amounts provided in this subsection shall lapse."
EFFECT: Assumes passage of Senate Bill No. 5608, which gradually reduces the general manufacturing business and occupation tax rate from 0.484 percent to 0.2904 percent.
FISCAL IMPACT (2019-2021) TO THE BUDGET BILL: ($60,000) Near General Fund—State/($60,000) Total Funds
FISCAL IMPACT (2019-2021) TO THE BALANCE SHEET: ($8,325,000) Near General Fund—State/($8,325,000) Total Funds
FOUR-YEAR OUTLOOK EFFECT OF THE BALANCE SHEET: ($49,058,000) Near General Fund—State
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