Chapter 3.05A
SALES AND USE TAX FOR HOUSING
Sections:
3.05A.010 Definitions.
A. “Participating city” is a city that imposes a sales and use tax in accordance with the terms of RCW 82.14.540.
B. “Taxable event” means any retail sale, or any use, upon which a State tax is imposed pursuant to Chapter 82.08 or 82.12 RCW, as they now exist or may hereafter be amended. However, the term does not include a retail sale taxable pursuant to RCW 82.08.150, as now or hereafter amended. (Ord. O-20-695 § 1).
3.05A.020 Imposition.
The City of Maple Valley is a participating city. Pursuant to RCW 82.14.540 there is authorized, fixed and imposed a sales and use tax on every taxable event. The tax shall be imposed upon and collected from those persons from whom the State sales or use tax is collected pursuant to Chapters 82.08 and 82.12 and may only be used for affordable and supportive housing purposes as provided in RCW 82.14.540. (Ord. O-20-695 § 1).
3.05A.030 Rate.
The rate of the tax imposed by MVMC 3.05A.020 shall be the maximum rate permitted cities under RCW 82.14.540. (Ord. O-20-695 § 1).
3.05A.040 Deduction.
The tax imposed under this chapter must be deducted from the amount of tax otherwise required to be collected or paid to the Department of Revenue under Chapter 82.08 or 82.12 RCW. (Ord. O-20-695 § 1).
3.05A.050 Expiration.
The tax imposed by this chapter expires 20 years after the date on which the tax is first imposed. (Ord. O-20-695 § 1).
3.05A.060 Reporting.
The Finance Director shall report annually to the Department of Commerce on the collection and use of the revenue from the tax imposed by this chapter. (Ord. O-20-695 § 1).