5212-S AAS 1/30/97

SSB 5212 - S AMD - 016

    By Senators Wood, Winsley, Deccio, Long and Prince

                                                   ADOPTED 1/30/97

    On page 27, line 10, after "payable;" strike all material down through "(2)" on line 11 and insert the following:

    "(2) "Limit factor" means:

(a) For taxing districts with a population of less than ten thousand in the calendar year prior to the assessment year, one hundred six percent;

(b) For taxing districts for which a one hundred six percent limit is authorized under section 204 of this act, one hundred six percent;

(c) For all other districts, the lesser of one hundred six percent or one hundred percent plus inflation; and

(3)"

    On page 27, line 18, after "shall not exceed" strike all material down through "lower, of" on line 19 and insert "((one hundred six percent of)) the limit factor multiplied by"

    On page 27, line 33, after "shall not exceed" strike all material down through "lower, of" on line 34 and insert "((one hundred six percent of)) the limit factor multiplied by"

SSB 5212 - S AMD - 015

    By Senators Long, Winsley and Wood

                                                   ADOPTED 1/30/97

    On page 27, line 22, after "multiplying" strike all material down through "property," on line 26 and insert "the increase in assessed value in that district resulting from new construction, improvements to property, and any increase in the assessed value of state-assessed property"

SSB 5212 - S AMD - 015

    By Senators Long, Winsley and Wood

                                                   ADOPTED 1/30/97

    On page 28, line 2, after "multiplying" strike "fifty percent of"

SSB 5212 - S AMD - 016

    By Senators Wood, Winsley, Deccio, Long and Prince

                                                   ADOPTED 1/30/97

    On page 28, after line 5, insert the following:

    "NEW SECTION. Sec. 204.  A new section is added to chapter 84.55 RCW to read as follows:

    Upon a finding of substantial need, the legislative authority of a taxing district, by majority vote plus one additional vote, may provide for the use of a limit factor under this chapter of one hundred six percent instead of the lesser of one hundred six percent or one hundred percent plus inflation.  The new limit factor shall be effective for taxes collected in the following year only."

    Renumber the remaining sections and correct any internal references accordingly.

SSB 5212 - S AMD - 011

    By Senators Heavey, West and Goings

                                                   ADOPTED 1/30/97

    On page 33, after line 7, insert the following:

    "Sec. 208.  RCW 84.55.120 and 1995 c 251 s 1 are each amended to read as follows:

    A taxing district, other than the state, that collects regular levies shall hold a public hearing on revenue sources for the district's following year's current expense budget.  The hearing must include consideration of possible increases in property tax revenues and shall be held prior to the time the taxing district levies the taxes or makes the request to have the taxes levied.  The county legislative authority, or the taxing district's governing body if the district is a city, town, or other type of district, shall hold the hearing.  For purposes of this section, "current expense budget" means that budget which is primarily funded by taxes and charges and reflects the provision of ongoing services.  It does not mean the capital, enterprise, or special assessment budgets of cities, towns, counties, or special purpose districts.

    If the taxing district is otherwise required to hold a public hearing on its proposed regular tax levy, a single public hearing may be held on this matter.

No increase in property tax revenue, other than that resulting from the addition of new construction and improvements to property and any increase in the value of state-assessed property, may be authorized by a taxing district except by adoption of a separate ordinance or resolution, pursuant to notice, specifically authorizing the increase in terms of both dollars and percentage.  The ordinance or resolution may cover a period of up to two years, but the ordinance shall specifically state for each year the dollar increase and percentage change in the levy from the previous year."

SSB 5212 - S AMD - 011

    By Senators Heavey, West and Goings

                                                   ADOPTED 1/30/97

    On page 1, on line 8 of the title, strike "and 84.08.115" and insert "84.08.115, and 84.55.120"

SSB 5212 - S AMD - 016

    By Senators Wood, Winsley, Deccio, Long and Prince

                                                   ADOPTED 1/30/97

    On page 1, line 9 of the title, after "84.40 RCW;" insert "adding a new section to chapter 84.55 RCW;"

                            --- END ---

EFFECT: Allows a taxing district to use a 6% inflation factor for any year in which the legislative authority finds there is substantial need if approved by the legislative authority of the taxing district.  Allows taxing districts with a population of less than 10,000 to use a limit factor of 106%.