Declares that chapter 82.04 RCW does not apply to public development authorities created under RCW 35.21.660 or 35.21.730 through 35.21.755 in respect to amounts derived from providing services to: (1) A limited liability company in which the public development authority is the sole managing member;

(2) A limited partnership in which the public development authority is the sole 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 public development authority.