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WA HB1290

WA HB1290
Concerning the distribution of aircraft fuel tax revenue.


summary

Introduced
01/19/2021
In Committee
01/19/2021
Crossed Over
Passed
Dead
03/10/2022

Introduced Session

2021-2022 Regular Session

Bill Summary

AN ACT Relating to the distribution of aircraft fuel tax revenue; amending RCW 82.42.090; providing an effective date; and declaring an emergency.

AI Summary

This bill amends the law regarding the distribution of aircraft fuel tax revenue. It requires all monies collected from the aircraft fuel excise tax to be credited to the aeronautics account, rather than the general fund. It also establishes that monies collected from the use or retail sales tax on aircraft fuel must be distributed, with a portion going to the aeronautics account and the remainder going to the general fund. The bill also requires the Department of Transportation's aviation division to track and report on the additional funds awarded for airport projects through the airport aid grant program, as well as the estimated amount of funds returned to the general fund from sales and business and occupation taxes generated as a result of the funded airport projects.

Committee Categories

Budget and Finance

Sponsors (12)

Last Action

By resolution, reintroduced and retained in present status. (on 01/10/2022)

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