H-2185.1

HOUSE BILL 2137

State of Washington
66th Legislature
2019 Regular Session
ByRepresentatives Orwall, Tarleton, Senn, Riccelli, Stonier, Frame, and Macri
Read first time 03/05/19.Referred to Committee on Finance.
AN ACT Relating to eliminating tax preferences for bullion; creating a new section; repealing RCW 82.04.062; and providing an effective date.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
NEW SECTION.  Sec. 1. RCW 82.04.062 ("Sale at wholesale," "sale at retail" excludes sale of precious metal bullion and monetized bullionComputation of tax) and 1985 c 471 s 5 are each repealed.
NEW SECTION.  Sec. 2. The repeal in section 1 of this act does not affect any existing right acquired or liability or obligation incurred under the statute repealed or under any rule or order adopted under that statute nor does it affect any proceeding instituted under the repealed statute.
NEW SECTION.  Sec. 3. This act takes effect October 1, 2019.
--- END ---