H-1671.1                  _______________________________________________

                                                      HOUSE BILL 2037

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State of Washington                              53rd Legislature                             1993 Regular Session

By Representatives Thibaudeau and Anderson

Read first time 02/24/93.  Referred to Committee on Revenue.

Concerning the taxation of nonprofit organization property.

          AN ACT Relating to property tax exemption for nonprofit organizations providing medical research or training of medical personnel; amending RCW 84.36.045; and creating a new section.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

        Sec. 1.  RCW 84.36.045 and 1984 c 220 s 3 are each amended to read as follows:

          All real and personal property owned ((in fee or by contract purchase)) by or leased to any nonprofit corporation or association which is available without charge for research by, or for the training of, doctors, nurses, laboratory technicians, hospital administrators and staff or other hospital personnel, and which otherwise is used for medical research, the results of which will be available without cost to the public, shall be exempt from ad valorem taxation.

          To be exempt under this section, the property must be used exclusively for the purposes for which exemption is granted, except as provided in RCW 84.36.805.

NEW SECTION. Sec. 2.  RCW 84.36.045 is effective for property taxes levied in calendar year 1993 and due and payable in calendar year 1994 and thereafter.

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