H-2058.1 _______________________________________________
HOUSE BILL 2250
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State of Washington 56th Legislature 1999 Regular Session
By Representatives B. Chandler, Grant, McMorris, G. Chandler, Linville, Boldt, Doumit, Stensen, Eickmeyer, Rockefeller, Clements, Alexander, Pennington, Lisk, Sump, Buck, Thomas, Mulliken, Cairnes, Van Luven, Barlean, D. Schmidt, Schoesler, Bush, Dunn, Carlson, Parlette, Campbell, Hankins and Skinner
Read first time 02/26/1999. Referred to Committee on Appropriations.
AN ACT Relating to depositing business and occupation taxes on gambling activities in the fair fund; adding a new section to chapter 82.04 RCW; and providing an effective date.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
NEW SECTION. Sec. 1. A new section is added to chapter 82.04 RCW to read as follows:
Moneys collected under this chapter from persons required to be licensed by the gambling commission engaging in the business of gambling activities using or conducting punch boards, pull-tabs, social card games, or bingo shall be deposited in the fair fund created in RCW 15.76.115. During the fiscal year ending June 30, 2000, the amount deposited in the fair fund shall be limited to two million dollars. During subsequent fiscal years, the amount deposited in the fair fund shall be limited to the amount deposited in the prior year increased by the fiscal growth factor established in chapter 43.135 RCW. Amounts collected in excess of these limits shall be deposited in the general fund as provided in RCW 82.32.380.
NEW SECTION. Sec. 2. This act takes effect August 1, 1999.
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