FINAL BILL REPORT

HB 2345

                                  C 214 L 90

BYRepresentatives Basich, Holland, Haugen, Wang, Horn, R. King and Hargrove; by request of Department of Revenue

Changing enhanced food fish tax remittance requirements.

House Committe on Revenue

Senate Committee on Ways & Means

SYNOPSIS AS ENACTED

BACKGROUND:

The fish tax is imposed on the possession of food fish and shellfish for commercial purposes.  The tax is levied on the sale of the fish or shellfish after it has been landed.  Commercial fishing activities are also subject to business and occupation (B&O) tax at the extracting rate of 0.484 percent.

The due date for payment of fish tax is the 15th of the month following the taxpayer's reporting period, while the B&O due date is the 25th of the month.

SUMMARY:

The due date for payment of the fish tax is changed to coincide with the due date for the business and occupation tax and other excise taxes.

VOTES ON FINAL PASSAGE:

      House 97   0

      Senate    47     0

EFFECTIVE:June 7, 1990