5342 AMS VOGN HORN 5

SB 5342 - S Amd

    BySenators Vognild and Prince

                                                    ADOPTED 4/9/93

    On page 1, after line 5, insert:

    "NEW SECTION. Sec. 2.  A new section is added to chapter 82.36 RCW to read as follows:

    Alcohol of any proof that is sold in this state for use as fuel in motor vehicles, farm implements and machines, or implements of husbandry is exempt from the motor vehicle fuel tax under this chapter if such alcohol was manufactured by a company that has been verified by the department as having sold less than eight million gallons of alcohol for use as motor fuel in the prior calendar year.   In addition, a tax credit of sixty percent of the tax rate imposed by RCW 82.36.025 shall be given for every gallon of alcohol used in an alcohol-gasoline blend which contains at least nine and one-half percent or more by volume of alcohol:  PROVIDED, That in no case may the tax credit claimed be greater than the tax due on the gasoline portion of the blended fuel.

    This section shall expire on December 31, 1999."

SB 5342 - S Amd

    BySenators Vognild and Prince

                                                    ADOPTED 4/8/93

    On page 1, line 2 of the title, after "fuel;" strike "and" and after "82.36.225" insert "; and adding a new section to chapter 82.36 RCW"

                            --- END ---