Wash. Rev. Code § 84.55.0101

Current through 2024
Section 84.55.0101 - Limit factor-Authorization for taxing district to use one hundred one percent or less-Ordinance or resolution

Upon a finding of substantial need, the legislative authority of a taxing district other than the state may provide for the use of a limit factor under this chapter of one hundred one percent or less. In districts with legislative authorities of four members or less, two-thirds of the members must approve an ordinance or resolution under this section. In districts with more than four members, a majority plus one vote must approve an ordinance or resolution under this section. The new limit factor shall be effective for taxes collected in the following year only.

RCW 84.55.0101

2007 sp.s. c 1 § 2; 1997 c 3 § 204 (Referendum Bill No. 47, approved 11/4/1997).

Reviser's note: On November 8, 2007, Initiative Measure No. 747 was declared unconstitutional in its entirety in Wash. Citizens Action of Wash. v. State, 162 Wn.2d 142, 171 P.3d 486 (2007).

Application-2007 sp.s. c 1: "This act applies both prospectively and retroactively to taxes levied for collection in 2002 and thereafter." [ 2007 sp.s. c 1 s 3.]

Effective date-2007 sp.s. c 1: "This act is necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and takes effect immediately [November 29, 2007]." [ 2007 sp.s. c 1 s 4.]

Intent-1997 c 3 ss 201-207: See note following RCW 84.55.010.

Application-Severability-Part headings not law-Referral to electorate-1997 c 3: See notes following RCW 84.40.030.