2012 Revised Code of Washington
Title 84 - PROPERTY TAXES
84.55 Limitations upon regular property taxes.
84.55.0101 Limit factor -- Authorization for taxing district to use one hundred one percent or less -- Ordinance or resolution.

RCW 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.

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

Notes:

Reviser's note: On November 8, 2007, Initiative Measure No. 747 was declared unconstitutional in its entirety in Washington Citizens Action of Washington v. State, Washington State Supreme Court (No. 78844-8).      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 § 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 § 4.]      Intent -- 1997 c 3 §§ 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.