RCW 43.136.011
Findings—Intent.
The legislature recognizes that tax preferences are enacted to meet objectives which are determined to be in the public interest. However, some tax preferences may not be efficient or equitable tools for the achievement of current public policy objectives. Given the changing nature of the economy and tax structures of other states, the legislature finds that periodic performance audits of tax preferences are needed to determine if their continued existence will serve the public interest. The legislature further finds that tax preferences that are enacted for economic development purposes must demonstrate growth in full-time family-wage jobs with health and retirement benefits. Given that an opportunity cost exists with each economic choice, it is the intent of the legislature that the overall impact of economic development-focused tax preferences benefit the state's economy.
[ 2011 c 335 § 1; 2006 c 197 § 1.]
Structure Revised Code of Washington
Title 43 - State Government—Executive
Chapter 43.136 - Termination of Tax Preferences.
43.136.021 - "Tax preference" defined.
43.136.035 - Citizen commission for performance measurement of tax preferences.
43.136.045 - Schedule for review of tax preferences—Expedited review—Citizen input.
43.136.057 - Review of hog fuel tax exemption by joint legislative audit and review committee.
43.136.065 - Reports to the citizen commission—Reports to the legislature—Public hearings.
43.136.075 - Information from the department of revenue and the employment security department.
43.136.080 - Tax preference performance statements—Task force created.