S-4738.1  _______________________________________________

                    SUBSTITUTE SENATE BILL 6731

          _______________________________________________

State of Washington      55th Legislature     1998 Regular Session

By Senate Committee on Ways & Means (originally sponsored by Senators Newhouse and Deccio)

Read first time 02/10/98.

Removing a property tax exemption for larger airports belonging to out-of-state municipal corporations.

    AN ACT Relating to airport property in this state belonging to municipal corporations in adjoining states; and amending RCW 84.36.130.

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

    Sec. 1.  RCW 84.36.130 and 1961 c 15 s 84.36.130 are each amended to read as follows:

    All property, whether real or personal, belonging exclusively to any municipal corporation in an adjoining state legally empowered by the laws of such adjoining state to acquire and hold property within this state, and which property is used primarily for airport purposes and other facilities for landing, terminals, housing, repair and care of dirigibles, airplanes and seaplanes for the aerial transportation of persons, property or mail, or in the armed forces of the United States, and upon which property there is expended funds by the federal, county or state agencies, or upon which funds are allocated by the federal government agencies on national defense projects, is hereby exempted from ad valorem taxation.  The exemption in this section applies only to airports five hundred acres or less in size.

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