5430 AMS HOBB S4818.1

SB 5430  - S AMD569
     By Senators Hobbs, King, Hill, Honeyford, Eide, Hargrove

ADOPTED 03/04/2014

     On page 1, line 9, after "account" strike "in the transportation fund" and insert "((in the transportation fund))"

     On page 1, after line 12, insert the following:

"Sec. 2   RCW 82.42.090 and 1995 c 170 s 1 are each amended to read as follows:
     All moneys collected by the director from the aircraft fuel excise tax as provided in RCW 82.42.020 shall be transmitted to the state treasurer and shall be credited to the aeronautics account hereby created in the ((transportation fund of the)) state treasury. Moneys collected from the consumer or user of aircraft fuel from either the use tax imposed by RCW 82.12.020 or the retail sales tax imposed by RCW 82.08.020 shall be transmitted to the state treasurer and credited to the state general fund.

Sec. 3   RCW 82.42.090 and 2013 c 225 s 305 are each amended to read as follows:
     All taxes, interest, and penalties collected under this chapter must be deposited into the aeronautics account hereby created in the state treasury. All taxes, interest, and penalties collected from the consumer or user of aircraft fuel from either the use tax imposed by RCW 82.12.020 or the retail sales tax imposed by RCW 82.08.020 must be deposited into the state general fund.

NEW SECTION.  Sec. 4   Section 2 of this act expires July 1, 2015.

NEW SECTION.  Sec. 5   Section 3 of this act takes effect July 1, 2015."

SB 5430  - S AMD
     By Senators Hobbs, King, Hill, Honeyford, Eide, Hargrove

ADOPTED 03/04/2014

     On page 1, line 2 of the title, after "taxes;" strike the remainder of the title and insert "amending RCW 82.48.090, 82.42.090, and 82.42.090; providing an effective date; and providing an expiration date."

EFFECT:  Makes technical corrections and restores the aeronautics account.

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