Heraldnet.com
THURSDAY, SEPTEMBER 2, 2010 2:53 pm
LocalNorthwestNation & WorldPoliticsSpecial ReportsPhotosColumnistsMultimedia 
RECENT POSTS:
Arne Duncan: Public schools 'lying' to students and parents   August 30

UPDATED: Berkey files complaint, alleges foes conspired to hide source of funding  August 27

Karzai tells Larsen, Baird of concerns with US withdrawal plans  August 27

State could end requirement for front license plates   August 26

Schmidt, Koster pull ahead of incumbent Dems  August 25

Archives:
LINKS:

Local
Island County
Snohomish County

State
Governor
Legislature
Secretary of State

U.S.
House of Representatives
Senate
White House

Useful Resources
Federal Election Commission
Public Disclosure Commission
Thomas (federal legislation tracking)
TVW
RECENT COLUMNS:
Opponents line up for a run at Snohomish County executive's job   August 29
In three hot state races, the message is everything  August 22
Dunshee also plans campaign for parks job  August 15
Will primary voters go with their hearts or minds?  August 8
 

ADVERTISEMENT

The Petri Dish


 
 

Morning mystery: What happened to House Bill 3181?


Posted at 6:49 am by Jerry Cornfield

One of the larger tax increases to be sought by Democrats this session was on today's agenda of the House Capital Budget Committee for a public hearing and vote.

Then it disappeared.

At 3:48 p.m. Monday, the committee chaired by Rep. Hans Dunshee, D-Snohomish, issued an updated line-up for today's 2 p.m. meeting.

It called for a public hearing and action on House Bill 3181 if the bill was referred to the committee. According to the bill history, it was.

I'm sure there's no problem with the bill. But it will incite a hot political fight and maybe Democrats realize there's no reason to hurry into this battle today.

As proposed, the bill could raise as much as $250 million a year with much of that going into the cash-starved general fund this biennium.

It calls for increasing the Hazardous Substance Tax rate paid by oil refiners from 0.7 percent to 2.0 percent and pours the revenue into a whole bunch of different accounts.

Here's the allocation breakdown from the staff report on the bill. (Note: This bill appears to tie the hands of future Legislatures on the allocation of dollars which I'm not sure is really kosher with some members.)

Between July 1, 2010 and June 30, 2011:
20 percent is deposited in the new Storm Water Account;
1.9 percent is deposited in the Oil Spill Prevention Account;
2.05 percent is deposited in the Puget Sound Recovery Account;
2.05 percent is deposited in the new State Clean Water Account;
5 percent is deposited into the Motor Vehicle Account; and
69 percent is deposited in the State General Fund.

Between July 1, 2011, and July 1, 2013:
45 percent is deposited in the new Storm Water Account;
1.2 percent is deposited in the Oil Spill Prevention Account;
2.4 percent is deposited in the Puget Sound Recovery Account;
2.4 percent is deposited in the new State Clean Water Account;
5 percent is deposited into the Motor Vehicle Account; and
44 percent is deposited in the State General Fund.

Between July 1, 2013, and July 1, 2015:
45 percent is deposited in the new Storm Water Account;
1.1 percent is deposited in the Oil Spill Prevention Account;
4.5 percent is deposited in the Puget Sound Recovery Account;
4.4 percent is deposited in the new State Clean Water Account;
10 percent is deposited into the Motor Vehicle Account; and
35 percent is deposited in the State General Fund.

After June 30, 2015:
70 percent is deposited in the new Storm Water Account;
1 percent is deposited in the Oil Spill Prevention Account;
9.5 percent is deposited in the Puget Sound Recovery Account;
9.5 percent is deposited in the new State Clean Water Account; and
10 percent is deposited into the Motor Vehicle Account.

COMMENTS | Be the first to comment

Log in or register to post a new comment.


To read other terms and conditions, click here

  Return to The Petri Dish
Other Advertisers
TODAY'S TOP JOBS
 View All Top Jobs 
Top Cars
Top Homes

ADVERTISEMENT