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.