| Passed by the Senate April 17, 2007 YEAS 49 ________________________________________ President of the Senate Passed by the House April 3, 2007 YEAS 97 ________________________________________ Speaker of the House of Representatives | I, Thomas Hoemann, Secretary of the Senate of the State of Washington, do hereby certify that the attached is SENATE BILL 5572 as passed by the Senate and the House of Representatives on the dates hereon set forth. ________________________________________ Secretary | |
| Approved ________________________________________ Governor of the State of Washington | Secretary of State State of Washington |
| State of Washington | 60th Legislature | 2007 Regular Session |
Read first time 01/24/2007. Referred to Committee on Government Operations & Elections.
AN ACT Relating to excise tax relief for certain limited purpose public corporations, commissions, and authorities; adding a new section to chapter 82.04 RCW; adding a new section to chapter 82.08 RCW; and adding a new section to chapter 82.12 RCW.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
NEW SECTION. Sec. 1 A new section is added to chapter 82.04 RCW
to read as follows:
This chapter does not apply to public corporations, commissions, or
authorities created under RCW 35.21.660 or 35.21.730 for amounts
derived from sales of tangible personal property and services to:
(1) A limited liability company in which the corporation,
commission, or authority is the managing member;
(2) A limited partnership in which the corporation, commission, or
authority is the general partner; or
(3) A single asset entity required under any federal, state, or
local governmental housing assistance program, which is controlled
directly or indirectly by the corporation, commission, or authority.
NEW SECTION. Sec. 2 A new section is added to chapter 82.08 RCW
to read as follows:
(1) The tax imposed by RCW 82.08.020 does not apply to sales of
tangible personal property and services provided by a public
corporation, commission, or authority created under RCW 35.21.660 or
35.21.730 to an eligible entity.
(2) For purposes of this section, "eligible entity" means a limited
liability company, a limited partnership, or a single asset entity,
described in section 1 of this act.
NEW SECTION. Sec. 3 A new section is added to chapter 82.12 RCW
to read as follows:
(1) The provisions of this chapter do not apply with respect to the
use of tangible personal property and services provided by a public
corporation, commission, or authority created under RCW 35.21.660 or
35.21.730 to an eligible entity.
(2) For purposes of this section, "eligible entity" means a limited
liability company, a limited partnership, or a single asset entity,
described in section 1 of this act.