AN ACT Relating to repealing the tax on capital gains income authorized in chapter
82.87 RCW; repealing RCW
82.87.010,
82.87.020,
82.87.030,
82.87.040,
82.87.050,
82.87.060,
82.87.070,
82.87.080,
82.87.090,
82.87.100,
82.87.110,
82.87.120,
82.87.130,
82.87.140,
82.87.150, and
82.04.4497; and repealing 2021 c 196 ss 18 and 20 (uncodified).
BE IT ENACTED BY THE PEOPLE OF THE STATE OF WASHINGTON:
NEW SECTION. Sec. 1. The following acts or parts of acts are each repealed:
(1) RCW
82.87.010 (Findings
—Intent
—2021 c 196) and 2021 c 196 s 1;
(2) RCW
82.87.020 (Definitions) and 2021 c 196 s 4;
(3) RCW
82.87.030 (Distribution of revenues) and 2021 c 196 s 2;
(4) RCW
82.87.040 (Tax imposed
—Long-term capital assets) and 2021 c 196 s 5;
(5) RCW
82.87.050 (Exemptions) and 2021 c 196 s 6;
(6) RCW
82.87.060 (Deductions) and 2021 c 196 s 7;
(7) RCW
82.87.070 (Qualified family-owned small business deduction) and 2021 c 196 s 8;
(8) RCW
82.87.080 (Charitable donation deduction) and 2021 c 196 s 9;
(9) RCW
82.87.090 (Other taxes) and 2021 c 196 s 10;
(10) RCW
82.87.100 (Allocation of long-term capital gains and losses
—Credit) and 2021 c 196 s 11;
(11) RCW
82.87.110 (Filing of returns
—Additional documentation
—Penalty) and 2021 c 196 s 12;
(12) RCW
82.87.120 (Joint filers
—Separate filers
—Tax liability) and 2021 c 196 s 13;
(13) RCW
82.87.130 (Administration of taxes) and 2021 c 196 s 14;
(14) RCW
82.87.140 (Tax criminal penalties) and 2021 c 196 s 15;
(15) RCW
82.87.150 (Annual adjustments) and 2021 c 196 s 17;
(16) RCW
82.04.4497 (Credit
—Sale or exchange of long-term capital assets) and 2021 c 196 s 16;
(17) 2021 c 196 s 18 (uncodified); and
(18) 2021 c 196 s 20 (uncodified).
--- END ---