H-3954              _______________________________________________

                                                   HOUSE BILL NO. 1843

                        _______________________________________________

State of Washington                              49th Legislature                              1986 Regular Session

By Representatives Hastings and Tilly

Read first time 1/23/86 and referred to Committee on Ways & Means.

AN ACT Relating to compensation for collection of sales and use taxes; and adding a new section to chapter 82.04 RCW.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

NEW SECTION. Sec. 1.  A new section is added to chapter 82.04 RCW to read as follows:

          Each person collecting tax under chapter 82.08, 82.12, or 82.14 RCW shall have a credit against the tax due under this chapter, as compensation for collecting tax and complying with reporting provisions.  The amount of credit allowed under this section shall be a percentage of the tax collected under chapters 82.08, 82.12, and 82.14 RCW, according to the following schedule:

          (1) For taxable activities occurring after June 30, 1987, and before July 1, 1988, one-half of one percent of the tax collected;

          (2) For taxable activities occurring after June 30, 1988, and before July 1, 1989, one percent of the tax collected;

          (3) For taxable activities occurring after June 30, 1989, and before July 1, 1990, two percent of the first ten thousand dollars of tax collected, and one and seventy-five one- hundredths percent of the remainder of tax collected;

          (4) For taxable activities occurring after June 30, 1990, and thereafter, three percent of the first ten thousand dollars of tax collected, and one and seventy-five one- hundredths percent of the remainder of tax collected.