2032 AMH SCHM H4357.1
HB 2032 - H AMD 028 ADOPTED 1-26-96
By Representative K. Schmidt
Strike everything after the enacting clause and insert the following:
"NEW SECTION. Sec. 1. It is the intent of the legislature that beginning January 1, 1997, if the motor vehicle fuel tax rate increases, the increased state sales or use tax revenue collected on state highway and ferry contracts associated with those increases in the motor vehicle fuel tax shall be deposited into the transportation fund.
NEW SECTION. Sec. 2. A new section is added to chapter 82.32 RCW to read as follows:
Beginning January 1, 1997, the department of revenue shall deposit into the transportation fund all moneys received from the imposition of the taxes paid under chapters 82.08 and 82.12 RCW on state highway and ferry construction contracts that are attributable to increases in the motor vehicle fuel tax rate imposed under chapter 82.36 RCW.
NEW SECTION. Sec. 3. A new section is added to chapter 82.32 RCW to read as follows:
The departments of revenue and transportation shall collaboratively develop a process for determining that portion of taxes paid under chapters 82.08 and 82.12 RCW that are paid on state highway and ferry construction contracts related to the motor vehicle fuel tax rate increases enacted after January 1, 1997."
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