H-3568.1 _______________________________________________
HOUSE BILL 2757
_______________________________________________
State of Washington 55th Legislature 1998 Regular Session
By Representatives Dyer, Chopp, Cody, Dunshee, Murray, Morris, Mulliken, Backlund, Anderson, Thompson and Ballasiotes
Read first time 01/19/98. Referred to Committee on Finance.
AN ACT Relating to the 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))
or used by 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. This act applies to taxes levied for collection in 1999 and thereafter.
--- END ---