5232.E AMH FIN H5242.1

ESB 5232 - H COMM AMD

By Committee on Finance

ADOPTED 03/03/2004

On page 2, after line 18, insert the following:

"Sec. 2. RCW 84.52.054 and 1986 c 133 s 2 are each amended to read as follows:

The additional tax provided for in subparagraph (a) of the seventeenth amendment to the state Constitution as amended by Amendment 59 and as thereafter amended, and specifically authorized by RCW 84.52.052, as now or hereafter amended, and RCW 84.52.053 ((and)), 84.52.0531, 84.52.130, and section 4 of this act shall be set forth in terms of dollars on the ballot of the proposition to be submitted to the voters, together with an estimate of the dollar rate of tax levy that will be required to produce the dollar amount; and the county assessor, in spreading this tax upon the rolls, shall determine the eventual dollar rate required to produce the amount of dollars so voted upon, regardless of the estimate of dollar rate of tax levy carried in said proposition. In the case of a school district, fire district, or cemetery district proposition for a particular period, the dollar amount and the corresponding estimate of the dollar rate of tax levy shall be set forth for each of the years in that period. The dollar amount for each annual levy in the particular period may be equal or in different amounts."

Renumber the sections consecutively, correct any internal references accordingly, and correct the title.

EFFECT: Requires multiyear levy ballot propositions state the proposed levy amount in dollars. Estimated levy rates used on the ballot will be finalized at time the tax is imposed.

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