S-4042.2  _______________________________________________

                         SENATE BILL 6711

          _______________________________________________

State of Washington      56th Legislature     2000 Regular Session

By Senators Sheahan, Oke, Stevens, Honeyford, Zarelli, Rossi, Johnson, Morton, Long, Hochstatter, Swecker and Roach

Read first time 01/24/2000.  Referred to Committee on Agriculture & Rural Economic Development.

Providing a property tax exemption for farm equipment.

    AN ACT Relating to a property tax exemption for farm equipment; and adding a new section to chapter 84.36 RCW.

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

NEW SECTION. Sec. 1.  A new section is added to chapter 84.36 RCW to read as follows:

    (1) Equipment used on farm and agricultural land that is located within a distressed area is exempt from the state property tax under RCW 84.52.065.

    (2) For the purposes of this section:

    (a) "Farm equipment" means the machinery and equipment used in the commercial production of farm products;

    (b) "Farm and agricultural land" has the same meaning as defined in RCW 84.34.020; and

    (c) "Distressed area" has the same meaning as defined in RCW 43.165.010.

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