WA People
BILL · 2017–18 SESSION

SB 6303: RTA vehicle valuation

Establishing a vehicle valuation method for a regional transit authority collecting a motor vehicle excise tax that is based on Kelley blue book or national automobile dealers association values.

Summary

  • Requires a Regional Transit Authority (RTA) to establish a motor vehicle excise tax (MVET) market value adjustment program (MVAP).
  • Requires that the amount of a credit under the MVAP is the difference between the current MVET and an assumed MVET of 0.5 percent based on base model Kelley Blue Book values or National Automobile Dealers Association (NADA) values, whichever is lower.
  • Requires Department of Licensing (DOL) to only contract with an RTA for collection of a MVET if it has implemented a MVAP, and any contract with a RTA must provide DOL with full cost recovery.

From the Senate Bill Report (Orig.) (SB 6303), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 11, 2018
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Steve O'Ban (R-28)
Introduced
January 11, 2018 in the Senate
Last action
January 11, 2018
Budget
Has a fiscal note

AN ACT Relating to establishing a vehicle valuation method for a regional transit authority collecting a motor vehicle excise tax that is based on Kelley blue book or national automobile dealers association values;

Sponsors

Prime sponsor: Steve O'Ban (R-28)

1 co-sponsor (1 Democrat, 0 Republicans)

Senator D-35

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. First reading, referred to Transportation.

SB 6303 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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