Wash. Rev. Code § 84.36.655

Current through 2024

Section 84.36.655 - [Expires 7/1/2040] Property related to the manufacture of superefficient airplanes

(1) Effective January 1, 2005, all buildings, machinery, equipment, and other personal property of a lessee of a port district eligible under RCW 82.08.980 and 82.12.980, used exclusively in manufacturing superefficient airplanes, are exempt from property taxation. A person taking the credit under RCW 82.04.4463 is not eligible for the exemption under this section. For the purposes of this section, "superefficient airplane" and "component" have the meanings given in RCW 82.32.550.

(2) In addition to all other requirements under this title, a person claiming the exemption under this section must file a complete annual tax performance report with the department under RCW 82.32.534.

(3) Claims for exemption authorized by this section must be filed with the county assessor on forms prescribed by the department and furnished by the assessor. The assessor must verify and approve claims as the assessor determines to be justified and in accordance with this section. No claims may be filed after December 31, 2039. The department may adopt rules, under the provisions of chapter 34.05 RCW, as necessary to properly administer this section.

(4) This section applies to taxes levied for collection in 2006 and thereafter.

(5) This section expires July 1, 2040.

RCW 84.36.655

Amended by 2017 c 135,§ 46, eff. 1/1/2018.

Amended by 2013SP3 c 2,§ 14, eff. 7/9/2014.

Amended by 2010 c 114, § 151, eff. 6/10/2010.

2003 2nd sp.s. c 1 § 14.

Effective date- 2017 c 135 : See note following RCW 82.32.534.

Contingent effective date-2013 3rd sp.s. c 2: See RCW 82.32.850.

Findings-Intent-2013 3rd sp.s. c 2: See note following RCW 82.32.850.

Application-Finding-Intent- 2010 c 114 : See notes following RCW 82.32.534.

Finding-2003 2nd sp.s. c 1: See note following RCW 82.04.4461.