1139-S AMH HASE MITC 081

 

 

 

 

SHB 1139 - H AMD 378

By Representative Hasegawa

ADOPTED 3/13/2007

 

   On page 4, after line 2, insert the following:

 

   "(10) The tax shall cease to be distributed to a city imposing the tax under subsection (3)(b) of this section and any city receiving a twenty percent distribution under subsection (2) of this section, for the remainder of the fiscal year, if the total distributions to the city imposing the tax and any city receiving a twenty percent distribution exceed three million dollars for the fiscal year."

 

Renumber the remaining subsection consecutively

 

 

 

EFFECT: Caps the total distributions to a city over 400,000 and any city receiving a 20 percent distribution at $3.0 million.