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82.32.860 Liquefied natural gas—Estimated sales tax revenue.

WA Rev Code § 82.32.860 (2019) (N/A)
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RCW 82.32.860 Liquefied natural gas—Estimated sales tax revenue. (Expires July 1, 2028.)

(1) By the last workday of the second and fourth calendar quarters, the state treasurer must transfer the amount specified in subsection (2) of this section from the general fund to the motor vehicle fund established under RCW 46.68.070. The first transfer under this subsection must occur by December 31, 2017.

(2) By December 15th and by June 15th of each year, the department must estimate the increase in state general fund revenues from the taxes collected under RCW 82.08.0261(2)(a) on the nonexempt portion of liquefied natural gas sales in the current and prior calendar quarters and notify the state treasurer of the increase.

(3) This section expires July 1, 2028.

[ 2014 c 216 § 406.]

NOTES:

Effective date—Findings—Tax preference performance statement—2014 c 216: See notes following RCW 82.38.030.

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