H-4847              _______________________________________________

                                          SUBSTITUTE HOUSE BILL NO. 1370

                        _______________________________________________

                                                                            C 010 L 88

State of Washington                              50th Legislature                              1988 Regular Session

By House Committee on Ways & Means/Revenue (originally sponsored by Representatives Holland, Appelwick, Taylor, Grimm, Silver, Braddock, Fuhrman, Bristow, Nealey, Valle, Padden, Brough, McLean, Basich, Schoon, H. Sommers, Winsley, May, B. Williams, Beck, Butterfield, Ballard, Baugher, Lewis, J. Williams, Amondson, Sanders, Kremen, Betrozoff, Rasmussen, Doty, Hankins, Miller, Hine, Holm and Cooper)

Read first time 2/5/88.

AN ACT Relating to property tax exemptions for the head of a family; amending RCW 84.36.110; and providing an effective date.

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

        Sec. 1.  Section 84.36.110, chapter 15, Laws of 1961 as amended by section 71, chapter 299, Laws of 1971 ex. sess. and RCW 84.36.110 are each amended to read as follows:

          The following property shall be exempt from taxation:

          (1) All household goods and furnishings in actual use by the owner thereof in equipping and outfitting his or her residence or place of abode and not for sale or commercial use, and all personal effects held by any person for his or her exclusive use and benefit and not for sale or commercial use.

          (2) The personal property, other than specified in subdivision (1) hereof, of each head of a family liable to assessment and taxation of which such individual is the actual and bona fide owner to an amount of three ((hundred)) thousand dollars of actual values:  PROVIDED, That this exemption shall not apply to any private motor vehicle, or mobile home, and:  PROVIDED, FURTHER, That if the county assessor is satisfied that all of the personal property of any person is exempt from taxation under the provisions of this statute or any other statute providing exemptions for personal property, no listing of such property shall be required; but if the personal property described in ((subdivision (2) of)) this subsection exceeds in value the amount allowed as exempt, then a complete list of said personal property shall be made as provided by law, and the county assessor shall deduct the amount of the exemption authorized by this ((subdivision)) subsection from the total amount of the assessment and assess the remainder.

NEW SECTION. Sec. 2.     This act shall take effect January 1, 1989, for taxes levied for collection in 1990 and thereafter, if the proposed amendment to Article VII, section 1 of the state Constitution authorizing an increased personal exemption for the head of a family (HJR 4222) is validly submitted to and is approved and ratified by the voters at a general election held in November 1988.  If the proposed amendment is not so approved and ratified, this act shall be null and void in its entirety.

                                                                                                                      Passed the House February 15, 1988.

                                                                                                                                         Speaker of the House.

                                                                                                                           Passed the Senate March 1, 1988.

                                                                                                                                       President of the Senate.