H-1599 _______________________________________________
HOUSE BILL NO. 2062
_______________________________________________
State of Washington 51st Legislature 1989 Regular Session
By Representatives Morris, Peery, Cooper, H. Myers and Nutley
Read first time 2/17/89 and referred to Committee on Local Government.
AN ACT Relating to public corporations; and amending RCW 35.21.755.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
Sec. 1. Section 7, chapter 37, Laws of 1974 ex. sess. as last amended by section 1, chapter 282, Laws of 1987 and RCW 35.21.755 are each amended to read as follows:
(1) A
public corporation, commission, or authority created pursuant to RCW 35.21.730
or 35.21.660 shall receive the same immunity or exemption from taxation as that
of the city, town, or county creating the same: PROVIDED, That, except for (a)
any property within a special review district established by ordinance prior to
January 1, 1976, or listed on or which is within a district listed on any
federal or state register of historical sites or (b) any property owned or
operated by a public corporation that is used primarily for low-income housing,
any such public corporation, commission, or authority shall pay to the county
treasurer an annual excise tax equal to the amounts which would be paid upon
real property and personal property devoted to the purposes of such public
corporation, commission, or authority were it in private ownership, and such
real property and personal property is acquired and/or operated under RCW
35.21.730 through 35.21.755, and the proceeds of such excise tax shall be
allocated by the county treasurer to the various taxing authorities in which
such property is situated, in the same manner as though the property were in
private ownership: PROVIDED FURTHER, That the provisions of chapter 82.29A RCW
shall not apply to property within a special review district established by
ordinance prior to January 1, 1976, or listed on or which is within a district
listed on any federal or state register of historical sites and which is
controlled by a public corporation, commission, or authority created pursuant
to RCW 35.21.730 or 35.21.660, which was in existence prior to January 1, ((1976))
1987: AND PROVIDED FURTHER, That property within a special review
district established by ordinance prior to January 1, 1976, or property which
is listed on any federal or state register of historical sites and controlled
by a public corporation, commission, or authority created pursuant to RCW
35.21.730 or 35.21.660, which was in existence prior to January 1, 1976, shall
receive the same immunity or exemption from taxation as if such property had
been within a district listed on any such federal or state register of
historical sites as of January 1, 1976, and controlled by a public corporation,
commission, or authority created pursuant to RCW 35.21.730 or 35.21.660 which
was in existence prior to January 1, 1976.
(2) As used in this section:
(a) "Low-income" means a total annual income, adjusted for family size, not exceeding fifty percent of the area median income.
(b) "Area median income" means:
(i) For an area within a standard metropolitan statistical area, the area median income reported by the United States department of housing and urban development for that standard metropolitan statistical area; or
(ii) For an area not within a standard metropolitan statistical area, the county median income reported by the department of community development.