CERTIFICATION OF ENROLLMENT

 

                        SENATE BILL 6065

 

 

                   Chapter 266, Laws of 1999

 

 

                        56th Legislature

                      1999 Regular Session

 

 

PUBLIC CORPORATION PROPERTY--EXCISE TAX EXEMPTION

 

 

 

                    EFFECTIVE DATE:  7/25/99

Passed by the Senate April 22, 1999

  YEAS 46   NAYS 0

 

 

               BRAD OWEN

President of the Senate

 

Passed by the House April 13, 1999

  YEAS 95   NAYS 0

             CERTIFICATE

 

I, Tony M. Cook, Secretary of the Senate of the State of Washington, do hereby certify that the attached is  SENATE BILL 6065 as passed by the Senate and the House of Representatives on the dates hereon set forth.

 

 

             CLYDE BALLARD

Speaker of the

      House of Representatives

            TONY M. COOK

                            Secretary

 

 

 

              FRANK CHOPP

Speaker of the

      House of Representatives

 

 

Approved May 10, 1999 Place Style On Codes above, and Style Off Codes below.  

                                FILED          

 

 

             May 10, 1999 - 4:56 p.m.

 

 

 

              GARY LOCKE

Governor of the State of Washington

                 Secretary of State

                 State of Washington


          _______________________________________________

 

                         SENATE BILL 6065

          _______________________________________________

 

                      AS AMENDED BY THE HOUSE

 

             Passed Legislature - 1999 Regular Session

 

State of Washington      56th Legislature     1999 Regular Session

 

By Senators Wojahn and Winsley

 

Read first time 03/01/1999.  Referred to Committee on Ways & Means.

Providing an excise tax exemption for property owned, operated, or controlled by a public corporation. 


    AN ACT Relating to providing an excise tax exemption for property owned, operated, or controlled by a public corporation if the property is used as a public esplanade, street, public way, public open space, park, public utility corridor, or view corridor for the general public or the property is used to implement an agreement or plan; and amending RCW 35.21.755.

 

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

 

    Sec. 1.  RCW 35.21.755 and 1995 c 399 s 38 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, operated, or controlled by a public corporation that is used primarily for low-income housing, or that is used as a convention center, performing arts center, public assembly hall, ((or)) public meeting place, public esplanade, street, public way, public open space, park, public utility corridor, or view corridor for the general public or (c) any blighted property owned, operated, or controlled by a public corporation that was acquired for the purpose of remediation and redevelopment of the property in accordance with an agreement or plan approved by the city, town, or county in which the property is located, 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, 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, trade, and economic development.

    (c) "Blighted property" means property that is contaminated with hazardous substances as defined under RCW 70.105D.020(7).


    Passed the Senate April 22, 1999.

    Passed the House April 13, 1999.

Approved by the Governor May 10, 1999.

    Filed in Office of Secretary of State May 10, 1999.