SB 5746-S - DIGEST

 

                      (DIGEST AS ENACTED)

 

     Revises RCW 84.14.020 to provide that the value of new housing construction, conversion, and rehabilitation improvements qualifying under chapter 84.14 RCW is exempt from ad valorem property taxation, for ten successive years beginning January 1 of the year immediately following the calendar year of issuance of the certificate of tax exemption eligibility.

     Revises RCW 84.14.050 to delete the April 1 application deadline.