H-0922.2 _______________________________________________
HOUSE BILL 1440
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State of Washington 54th Legislature 1995 Regular Session
By Representatives Boldt, Dyer, Morris, Backlund, Van Luven, Dellwo, Carrell, B. Thomas, L. Thomas, Thompson, Costa, Sherstad, Chandler, Kremen, Cooke and Jacobsen
Read first time 01/25/95. Referred to Committee on Finance.
AN ACT Relating to tax exemptions for nonprofit blood banks; amending RCW 84.36.035; adding a new section to chapter 82.04 RCW; adding a new section to chapter 82.08 RCW; adding a new section to chapter 82.12 RCW; creating a new section; providing an effective date; and declaring an emergency.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
Sec. 1. RCW 84.36.035 and 1971 ex.s. c 206 s 1 are each amended to read as follows:
The following property shall be exempt from taxation:
All property, whether real or personal, belonging to or leased by any nonprofit corporation or association and used exclusively in the business of procuring, processing, storing, distributing, or using whole blood, plasma, blood products, and blood derivatives or in the administration of such business. In the event such real or personal property is leased, the benefit of the exemption shall inure to the nonprofit corporation or association.
NEW SECTION. Sec. 2. A new section is added to chapter 82.04 RCW to read as follows:
This chapter does not apply to nonprofit organizations exempt from federal income tax under section 501(c)(3) of the internal revenue code of 1994, or a later enactment as adopted by the director by rule, in respect to amounts derived from the business of procuring, processing, storing, distributing, or using whole blood, plasma, blood products, and blood derivatives.
NEW SECTION. Sec. 3. A new section is added to chapter 82.08 RCW to read as follows:
The tax levied by RCW 82.08.020 shall not apply to sales to nonprofit organizations, exempt from federal income tax under section 501(c)(3) of the internal revenue code of 1994, or a later enactment as adopted by the director by rule, in the business of procuring, processing, storing, distributing, or using whole blood, plasma, blood products, and blood derivatives.
NEW SECTION. Sec. 4. A new section is added to chapter 82.12 RCW to read as follows:
The provisions of this chapter shall not apply in respect to the use by nonprofit organizations, exempt from federal income tax under section 501(c)(3) of the internal revenue code of 1994, or a later enactment as adopted by the director by rule, of items used in the business of procuring, processing, storing, distributing, or using whole blood, plasma, blood products, and blood derivatives.
NEW SECTION. Sec. 5. Section 1 of this act is effective for taxes levied for collection in 1996 and thereafter.
NEW SECTION. Sec. 6. This act is necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and shall take effect July 1, 1995.
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