BILL REPORT

HB 2345

BYRepresentatives Basich, Holland, Haugen, Wang, Horn, R. King and Hargrove; by request of Department of Revenue

Changing enhanced food fish tax remittance requirements.

House Committe on Revenue

Majority Report:  Do pass.  (14)

      Signed by Representatives Wang, Chair; Pruitt, Vice-Chair; Holland, Ranking Republican Member; Horn, Assistant Ranking Republican Member; Basich, Fuhrman, Grant, Haugen, Morris, Phillips, Rust, Silver, H. Sommers and Van Luven.

House Staff:Robin Appleford (786-7093).

AS PASSSED HOUSE FEBRUARY 6, 1990

BACKGROUND:

The fish tax is imposed on the possession of food fish and shellfish for commercial purposes.  The tax is levied on the sale of the fish or shellfish after it has been landed.  Commercial fishing activities are also subject to business and occupation (B&O) tax at the extracting rate of 0.484 percent.

The due date for payment of fish tax is the 15th of the month following the taxpayer's reporting period, while the B&O due date is the 25th of the month.

SUMMARY:

The due date for payment of the fish tax is changed to coincide with the due date for the B&O tax and other excise taxes.

Revenue:    The bill has a revenue impact.

Fiscal Note:      Available.

House Committee ‑ Testified For:    Steve Frisch, Acting Director, Department of Revenue.

House Committee - Testified Against:      No one.

House Committee - Testimony For:    The change in the due date will eliminate taxpayer confusion in the commercial fishing industry.

House Committee - Testimony Against:      None.