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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />29 <br />30 <br />31 <br />32 <br />33 <br />34 <br />35 <br />36 <br />37 <br />38 <br />deposited into the oil spill prevention account or the aeronautics <br />account, as provided in this subsection (9). <br />(c) The receipts from the tax imposed in subsection (1) of this <br />section on aircraft fuel as defined in RCW 82.42.010, must be <br />deposited into the aeronautics account created in RCW 82.42.090. <br />(10 ) Within ( (feLcty- fi- ) ) 45 days after the end of each calendar <br />quarter, the office of financial management must determine the <br />balance of the oil spill response account as of the last day of that <br />calendar quarter. Balance determinations by the office of financial <br />management under this section are final and may not be used to <br />challenge the validity of any tax imposed under this chapter. The <br />office of financial management must promptly notify the departments <br />of revenue and ecology of the account balance once a determination is <br />made. For each subsequent calendar quarter, the tax imposed by <br />subsection (1) of this section shall be imposed during the entire <br />calendar quarter unless: <br />(a) Tax was imposed under subsection (1) of this section during <br />the immediately preceding calendar quarter, and the most recent <br />quarterly balance is more than ((nlne iftillien del „cs) ) $9, 000, 000; <br />or <br />(b) Tax was not imposed under subsection (1) of this section <br />during the immediately preceding calendar quarter, and the most <br />recent quarterly balance is more than ((eight i:ft lie„ ele l ,ics) ) <br />$8,000,000. <br />Sec. 3. RCW 82.23A.020 and 2023 c 170 s 17 are each amended to <br />read as follows: <br />(1) A tax is imposed on the privilege of possession of petroleum <br />products in this state. The rate of the tax shall be ((t-1=14it1�___- <br />hundredths ef ene)) 0.31 percent multiplied by the wholesale value of <br />the petroleum product. For purposes of determining the tax imposed <br />under this section for petroleum products introduced at the rack, the <br />wholesale value is determined when the petroleum product is removed <br />at the rack unless the removal is to an exporter licensed under <br />chapter 82.38 RCW for direct delivery to a destination outside of the <br />state. For all other cases, the wholesale value is determined upon <br />the first nonbulk possession in the state. <br />(2)(a) Except as identified in RCW 70A.345.130, or provided in <br />(b) of this subsection, moneys collected under this chapter shall be <br />p. 5 HB 1730 <br />