H-4085              _______________________________________________

                                                   HOUSE BILL NO. 1902

                        _______________________________________________

State of Washington                              49th Legislature                              1986 Regular Session

By Representatives Unsoeld, Bristow, Tilly and Haugen

Read first time 1/24/86 and referred to Committee on Rules.  Referred to Committee on Local Government 2/5/86; referred to Committee on Ways & Means 2/7/86.

AN ACT Relating to a program for reimbursement of diminished local government property tax levy capacity.

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

NEW SECTION. Sec. 1.     The legislature hereby finds that several taxing areas within the state have been determined to have aggregate levy amounts in excess of the $9.15 limit established by RCW 84.52.043.  This situation will cause certain taxing districts to have their levy amounts reduced on a pro-rata basis until the aggregate levy amount is reduced to $9.15.  Such a reduction will cause hardship to all taxing districts and severe hardship to multicounty districts.  It is the intent of the legislature to act to relieve this hardship.