H-3974              _______________________________________________

                                                   HOUSE BILL NO. 2878

                        _______________________________________________

State of Washington                               51st Legislature                              1990 Regular Session

By Representatives Fuhrman, Padden, Bowman, Wolfe, D. Sommers, Tate, Chandler, Forner, Horn and Youngsman

Read first time 1/24/90 and referred to Committee on Revenue.

AN ACT Relating to the reduction of the sales and use tax rate; amending RCW 82.08.020; and providing an effective date.

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

        Sec. 1.  Section 1, chapter 32, Laws of 1985 and RCW 82.08.020 are each amended to read as follows:

          (1) There is levied and there shall be collected a tax on each retail sale in this state equal to six percent of the selling price through June 30, 1991, and six and five-tenths percent of the selling price thereafter.

          (2) The tax imposed under this chapter shall apply to successive retail sales of the same property.

          (3) The rate provided in this section applies to taxes imposed under chapter 82.12 RCW as provided in RCW 82.12.020.

NEW SECTION. Sec. 2.     This act shall take effect July 1, 1990.