CERTIFICATION OF ENROLLMENT

SUBSTITUTE SENATE BILL 6600

Chapter 76, Laws of 2012

62nd Legislature
2012 Regular Session



PROPERTY TAXES--EXEMPTIONS



EFFECTIVE DATE: 06/07/12

Passed by the Senate March 2, 2012
  YEAS 47   NAYS 0

BRAD OWEN
________________________________________    
President of the Senate
Passed by the House March 8, 2012
  YEAS 91   NAYS 7

FRANK CHOPP
________________________________________    
Speaker of the House of Representatives


 
CERTIFICATE

I, Thomas Hoemann, Secretary of the Senate of the State of Washington, do hereby certify that the attached is SUBSTITUTE SENATE BILL 6600 as passed by the Senate and the House of Representatives on the dates hereon set forth.

THOMAS HOEMANN
________________________________________    
Secretary
Approved March 23, 2012, 11:55 a.m.








CHRISTINE GREGOIRE
________________________________________    
Governor of the State of Washington		 
FILED
March 23, 2012







Secretary of State
State of Washington


_____________________________________________ 

SUBSTITUTE SENATE BILL 6600
_____________________________________________

Passed Legislature - 2012 Regular Session
State of Washington62nd Legislature2012 Regular Session

By Senate Ways & Means (originally sponsored by Senator Eide)

READ FIRST TIME 02/27/12.   



     AN ACT Relating to extending property tax exemptions to property used exclusively by certain nonprofit organizations that is leased from an entity that acquired the property from a previously exempt nonprofit organization; and amending RCW 84.36.031.

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

Sec. 1   RCW 84.36.031 and 2006 c 305 s 2 are each amended to read as follows:
     (1) Except as provided otherwise in subsection (2) of this section, property leased, loaned, sold with the option to repurchase, or otherwise made available to organizations described in RCW 84.36.030 ((above shall)) is not ((be)) exempt from taxation. ((However,))
     (2) Property ((that)) remains eligible for the exemption under RCW 84.36.030, if:
     (a) The property is owned by an organization exempt under RCW 84.36.020 or 84.36.030 ((may)) that loans, leases, or rents the property to another organization for the ((same)) exempt purposes ((as set out)) provided in RCW 84.36.030; or
     (b) The property is owned by an entity formed exclusively for the purpose of leasing the property to an organization that will use the property for the exempt purpose provided in RCW 84.36.030, if:
     (i) The lessee uses the property for the exempt purposes provided in RCW 84.36.030;
     (ii) The immediate previous owner of the property had received an exemption under RCW 84.36.020 or 84.36.030 for the property; and
     (iii) The benefit of the exemption inures to the benefit of the lessee organization.


         Passed by the Senate March 2, 2012.
         Passed by the House March 8, 2012.
         Approved by the Governor March 23, 2012.
         Filed in Office of Secretary of State March 23, 2012.