H-4083              _______________________________________________

                                                   HOUSE BILL NO. 1903

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State of Washington                              49th Legislature                              1986 Regular Session

By Representatives Unsoeld, Bristow, Tilly and Haugen

Read first time 1/24/86 and referred to Committee on Rules.

AN ACT Relating to the adjustment of property tax levy rates due to statutory cumulative property tax rate limitations.

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

NEW SECTION. Sec. 1.     The legislature hereby finds that several taxing areas within the state have been determined to have aggregate levy amounts in excess of the $9.15 limit established by RCW 84.52.043.  This situation will cause certain taxing districts to have their levy amounts reduced on a pro-rata basis until the aggregate levy amount is reduced to $9.15.  Such a reduction will cause hardship to all taxing districts and severe hardship to multicounty districts.  It is the intent of the legislature to act to relieve this hardship.