§ 84.36.655. 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 taking the exemption under this section must report as required under RCW 82.32.545.
(3) Claims for exemption authorized by this section shall be filed with the county assessor on forms prescribed by the department and furnished by the assessor. The assessor shall 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, 2023. 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, 2024.
[2003 2nd sp.s. c 1 § 14.]
Notes:
Contingent effective date -- 2003 2nd sp.s. c 1: See RCW 82.32.550.
Finding -- 2003 2nd sp.s. c 1: See note following RCW 82.04.4461.
Sections: Previous 84.36.600 84.36.605 84.36.630 84.36.635 84.36.640 84.36.645 84.36.650 84.36.655 84.36.660 84.36.665 84.36.800 84.36.805 84.36.810 84.36.812 84.36.813 Next
Last modified: April 7, 2009