2671‑S AMH HEAV LONG 153

SHB 2671 ‑ H AMDS 1222 LOST 02/26/94

By Representatives Heavey and Morris

     On page 1, after line 18, insert:

     "(4) This section shall expire July 1, 1997."

     On page 3, beginning on line 20, strike everything through line 22 and insert:

     "Sec. 4.  RCW 82.04.300  and 1993 1st sp.s. c 25 ' 205 are each amended to read as follows:

     This chapter shall apply to any person engaging in any business activity taxable under RCW 82.04.230, 82.04.240, 82.04.250, 82.04.255, 82.04.260, 82.04.270, 82.04.280, and 82.04.290 other than those whose value of products, gross proceeds of sales, or gross income of the business is less than one thousand dollars per month:  PROVIDED, That where one person engages in more than one business activity and the combined measures of the tax applicable to such businesses equal or exceed one thousand dollars per month, no exemption or deduction from the amount of tax is allowed by this section.

     Any person claiming exemption under the provisions of this section may be required, according to rules adopted by the department, to file returns even though no tax may be due.  The department of revenue may allow exemptions, by general rule or regulation, in those instances in which quarterly, semiannual, or annual returns are permitted.  Exemptions for such periods shall be equivalent in amount to the total of exemptions for each month of a reporting period. 

This section shall not apply during any time period in which section 1 of this act is in effect."

EFFECT:  Makes small business tax relief temporary, expiring July 1, 1997.  The current $12,000 per year threshold would be restored on that date.