The bill aims to reduce the impact of the luxury aircraft tax by amending existing tax collection laws and repealing several related statutes. Specifically, it amends RCW 82.32.145 to clarify the personal liability of responsible individuals, such as chief executives and financial officers, for unpaid trust fund taxes of limited liability business entities. The bill establishes that these individuals can be held liable regardless of fault, while also providing exemptions for those whose nonpayment is due to circumstances beyond their control. Additionally, it defines key terms related to tax liability and collection procedures.

Furthermore, the bill repeals RCW 82.48A.010 through RCW 82.48A.040, which pertained to the luxury aircraft tax, effectively eliminating this tax from the state's tax code. The act is declared urgent, necessitating immediate implementation to preserve public peace, health, or safety, and it takes effect immediately upon passage.

Statutes affected:
Original bill: 82.32.145