2517 AMH FISG H4412.1

HB 2517 - H AMD 1251 ADOPTED 3-2-94

By Representative G. Fisher

    On page 4, beginning on line 12, strike all material through line 20 and insert the following:

    "(15) Upon every person engaging within this state in business as a hospital, as defined in chapter 70.41 RCW, that is operated as a nonprofit corporation or by the state or any of its political subdivisions, as to such persons, the amount of tax with respect to such activities shall be equal to the gross income of the business multiplied by the rate of 0.75 percent through June 30, 1995, and 1.5 percent thereafter.  The moneys collected under this subsection shall be deposited in the health services account created under RCW 43.72.900.

(16) Upon every person engaging within this state in business as a hospital, as defined in chapter 70.41 RCW, that is not operated as a nonprofit corporation or by the state or any of its political subdivisions, as to such persons, the amount of tax with respect to such activities shall be equal to the gross income of the business multiplied by the rate of 1.5 percent."

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