6118.E AMH THOB HEDR 1

ESB 6118 ‑ H AMD (H-3611.2) 098

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 RCW 84.55.012, this section, or any other tax reduction legislation enacted in 1996.

     (2) The state levy for collection in calendar year 1997 shall be reduced by five percent of the full levy for that year.  The tax reduction provided in this section is in addition to any other tax reduction legislation that may be enacted by the legislature.

     (3) Levies collected before calendar year 1997 shall not be used as a base for calculating limits for state levies for collection after calendar year 1997.

     Sec. 2.  RCW 84.55.012 and 1995 2nd sp.s. c 13 s 2 are each amended to read as follows:

     (1) The state property tax levy for collection in calendar year 1996 shall be reduced by 4.7187 percent of the levy amount that would otherwise be allowed under this chapter without regard to this section or any other tax reduction legislation enacted in 1995.

     (2) The tax reduction provided in this section is in addition to any other tax reduction legislation that may be enacted by the legislature.

     (((3) State levies for collection after 1996 shall be set at the amount that would be allowed otherwise under this chapter if the state levy for collection in 1996 had been set without the reduction under subsection (1) of this section.))"

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