1957‑S AMH THOB LONG 212

SHB 1957 ‑ H AMD 952

By Representative B. Thomas

     Strike everything after the enacting clause and insert the following:

     "NEW SECTION. Sec. 1.  A new section is added to chapter 84.55 RCW to read as follows:

     (1) As used in this section, "full levy" means the levy amount that would be allowed otherwise under this chapter without regard to this section.

     (2) The state levy for collection in 1996 shall be reduced by five percent of the full levy for that year.  State levies for collection after 1996 shall not exceed the amount that would be allowed otherwise under this chapter if the state levy for collection in 1996 had been set at ninety-five percent of the full levy for that year.

     (3) Levies collected before 1996 shall not be used as a base for calculating limits for state levies for collection after 1996."

     Correct the title accordingly.

EFFECT:  Makes a permanent 5% reduction in the state property tax levy.