CERTIFICATION OF ENROLLMENT

 

                  SUBSTITUTE SENATE BILL 5495

 

 

                    Chapter 96, Laws of 1999

 

 

                        56th Legislature

                      1999 Regular Session

 

 

REGULAR PROPERTY TAX LEVIES

 

 

 

                    EFFECTIVE DATE:  7/25/99

Passed by the Senate March 15, 1999

  YEAS 46   NAYS 0

 

 

               BRAD OWEN

President of the Senate

 

Passed by the House April 9, 1999

  YEAS 93   NAYS 0

             CERTIFICATE

 

I, Tony M. Cook, Secretary of the Senate of the State of Washington, do hereby certify that the attached is  SUBSTITUTE SENATE BILL 5495 as passed by the Senate and the House of Representatives on the dates hereon set forth.

 

 

             CLYDE BALLARD

Speaker of the

      House of Representatives

            TONY M. COOK

                            Secretary

 

 

 

              FRANK CHOPP

Speaker of the

      House of Representatives

 

 

Approved April 22, 1999 Place Style On Codes above, and Style Off Codes below.  

                                FILED          

 

 

           April 22, 1999 - 3:58 p.m.

 

 

 

              GARY LOCKE

Governor of the State of Washington

                 Secretary of State

                 State of Washington


          _______________________________________________

 

                    SUBSTITUTE SENATE BILL 5495

          _______________________________________________

 

             Passed Legislature - 1999 Regular Session

 

State of Washington      56th Legislature     1999 Regular Session

 

By Senate Committee on Ways & Means (originally sponsored by Senators Snyder and Zarelli)

 

Read first time 02/16/1999.

Modifying a restriction on regular property tax levies.  


    AN ACT Relating to regular property tax levies; and amending RCW 84.55.015.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

 

    Sec. 1.  RCW 84.55.015 and 1979 ex.s. c 218 s 4 are each amended to read as follows:

    If a taxing district has not levied ((in the three most recent years)) since 1985 and elects to restore a regular property tax levy subject to applicable statutory limitations then such first restored levy shall be set so that the regular property tax payable shall not exceed the amount which ((could have been lawfully levied in 1973)) was last levied, plus an additional dollar amount calculated by multiplying the increase in assessed value in the district since ((1973)) the last levy resulting from new construction and improvements to property by the property tax rate which is proposed to be restored, or the maximum amount which could be lawfully levied in the year such a restored levy is proposed.


    Passed the Senate March 15, 1999.

    Passed the House April 9, 1999.

Approved by the Governor April 22, 1999.

    Filed in Office of Secretary of State April 22, 1999.