Statutes - Real Estate Excise Tax

• RCW 82.46.010

  Tax on sale of real property authorized - Proceeds dedicated to local capital projects - Additional tax authorized - Maximum rates. The authority to levy the first quarter percent of the real estate excise tax and the permitted uses. Also the authority to levy a half cent tax for general government purposes if the city does not levy the second half cent of the retail sales and use tax.

• RCW 82.46.021

  Describes the referendum procedure for the imposition, repeal, or change in rate of the half percent real estate excise tax that can be levied in lien of half cent retail sales and use tax.

• RCW 82.46.030

  The remaining proceeds from the county tax under RCW 82.46.010 (2) shall be placed in a county capital improvements fund. The remaining proceeds from city or town taxes under RCW 82.46.010 (2) shall be distributed to the respective cities and towns monthly and placed by the city treasurer in a municipal capital improvements fund.

• RCW 82.46.035

  Additional tax - Certain counties and cities - Ballot - Use limited to capital projects - Temporary rescindment for noncompliance. The authority for levying the second half cent.

• RCW 82.46.070

  Counties may levy a voter-appproved one percent real estate excise tax for acquisition and maintenance of conservation areas.

• RCW 35.43.040

  Authority generally. Statute that lists "local capital improvements" referred to in RCW 82.46.010(2) as spending options for the first quarter percent of the real estate excise tax for cities that are not planning under the Growth Management Act (GMA) or cities that are planning under GMA but have a population of 5,000 or less.