HB 2678 - DIGEST

     Revises RCW 84.55.005 to provide that "limit factor" means, for the state, the lesser of: (1) One hundred percent plus inflation; or

     (2) one hundred one and one-half percent for taxes levied for collection in 1999 and 2000, one hundred one percent for taxes levied for collection in 2001 and 2002, and one hundred percent for taxes levied for collection thereafter.