Chapter 3.65
IMPOSITION OF SALES AND USE TAX AS AUTHORIZED BY RCW 82.14.540
Sections:
3.65.020 Imposition of sales and use tax as authorized by RCW 82.14.540.
3.65.010 Purpose.
The purpose of this chapter is to impose a local sales and use tax for the acquisition, construction or rehabilitation of affordable housing or facilities providing supportive housing as authorized by RCW 82.14.540. (Ord. 2019-594 § 1).
3.65.020 Imposition of sales and use tax as authorized by RCW 82.14.540.
A. Imposition. In addition to other taxes which may be imposed by the city, there is hereby authorized, fixed and imposed a separate sales and use tax in accordance with Substitute House Bill 1406 (Chapter 338, Laws of 2019). Such tax shall be assessed on the selling price in the case of a sales tax, or value of the article used, in the case of a use tax, upon every taxable event that occurs within the city limits of Newcastle.
B. Tax Rate – Term. The rate of the sales and use tax authorized by this chapter shall be 0.0073 percent. The tax imposed by the city under this chapter shall expire 20 years after the date on which the tax is first imposed.
C. Tax Receipts – Administration. The maximum amount to be received by the city from the tax in each year shall be equal to the taxable retail sales within the city limits of Newcastle in each fiscal year multiplied by the tax rate. The tax imposed by this chapter shall be deducted from the amount of tax otherwise required to be collected or paid to the Washington State Department of Revenue (“DOR”) under Chapter 82.08 or 82.12 RCW, as the same now exists or may hereafter be amended. DOR shall collect and administer the tax on behalf of the city at no cost to the city. In the event that the amount of tax exceeds the maximum amount allowed to the city under RCW 82.14.540, any excess shall be remitted to the State Treasurer in accordance with RCW 82.14.540. The city manager is authorized to enter in an agreement with DOR for the administration of the tax. (Ord. 2019-594 § 1).
3.65.030 Penalty.
Any person violating any provision of this chapter shall be guilty of a misdemeanor and upon conviction thereof punished pursuant to state law or city ordinance. (Ord. 2019-594 § 1).