Bill Summary – FastDemocracy

H-1669.1
                                 HOUSE BILL 1847
     State of Washington         68th Legislature      2023 Regular Session
     By Representatives Santos, Berg, Fitzgibbon, and Ryu
     Read first time 03/20/23.   Referred to Committee on Finance.
      AN ACT Relating to establishing permanent funding for a community
  preservation   and   development  authority   approved   through  RCW
  43.167.060; and adding a new section to chapter 82.14 RCW.
  BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
     NEW SECTION.   Sec. 1.   A new section is added to chapter 82.14
 RCW to read as follows:
     (1)(a) The legislative authority of a county with a population of
 1,000,000 or more may impose a sales and use tax in accordance with
 the terms of this chapter. The tax is in addition to other taxes
 authorized by law and is collected from those persons who are taxable
 by the state under chapter 82.08 or 82.12 RCW upon the occurrence of
 any taxable event inside a qualified facility.
     (b) The rate of the tax must not exceed 2.0 percent of the
 selling price in the case of a sales tax or the value of the article
 used in the case of a use tax.
     (c) The tax authorized under this section is a credit against the
 state tax under chapter 82.08 or 82.12 RCW. The department must
 perform the collection of such taxes on behalf of the county at no
 cost to the county and must remit the tax to the county as provided
 in RCW 82.14.060.
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     (2) The proceeds of the tax imposed under this section must only
 be provided to any community preservation and development authority
 created pursuant to RCW 43.167.060 and located within the county that
 imposed the tax.
     (3) The tax must cease to be distributed to the county imposing
 the tax under this section for the remainder of the fiscal year if
 the total distributions to the county imposing the tax exceeds
 $5,000,000.
     (4) For the purposes of this section, "qualified facility" is a
 facility located in a county with a community preservation and
 development authority that: (a) Has a seating capacity of at least
 68,000 fixed seats in an open-air stadium and has related event space
 of at least 300,000 square feet or (b) has a seating capacity of at
 least 47,000 seats for its main use and a retractable roof.
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