S-1709               _______________________________________________

                                                   SENATE BILL NO. 5890

                        _______________________________________________

State of Washington                               51st Legislature                              1989 Regular Session

By Senators Conner, Bauer and Rasmussen

Read first time 2/14/89 and referred to Committee on  Ways & Means.

AN ACT Relating to property taxes imposed for veterans' assistance purposes; and amending RCW 73.08.080.

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

        Sec. 1.  Section 7, page 210, Laws of 1888 as last amended by section 2, chapter 181, Laws of 1985 and RCW 73.08.080 are each amended to read as follows:

          The legislative authorities of the several counties in this state shall levy, in addition to the taxes now levied by law, a tax in a sum equal to the amount which would be raised by not less than one and ((one-eighth)) one-fourth cents per thousand dollars of assessed value, and not greater than twenty-seven cents per thousand dollars of assessed value against the taxable property of their respective counties, to be levied and collected as now prescribed by law for the assessment and collection of taxes, for the purpose of creating and maintaining the veteran's assistance fund for the relief of honorably discharged veterans as defined in RCW 41.04.005 and the indigent wives, husbands, widows, widowers and minor children of such indigent or deceased veterans, to be disbursed for such relief by such county legislative authority:  PROVIDED, That if the funds on deposit, less outstanding warrants, residing in the veteran's assistance fund on the first Tuesday in September exceed the expected yield of one and ((one-eighth)) one-fourth cents per thousand dollars of assessed value against the taxable property of the county, the county legislative authority may levy a lesser amount:  PROVIDED FURTHER, That the costs incurred in the administration of said veteran's assistance fund shall be computed by the county treasurer not less  than annually and such amount may then be transferred from the veteran's assistance fund as herein provided for to the county current expense fund.

          The amount of a levy allocated to the purposes specified in this section may be reduced in the same proportion as the regular property tax levy of the county is reduced by chapter 84.55 RCW.