Exemptions—Certain leasehold interests related to the manufacture of superefficient airplanes. (Expires July 1, 2040.)
(1) All leasehold interests in port district facilities exempt from tax under RCW
82.08.980 or
82.12.980 and used by a manufacturer engaged in the manufacturing of superefficient airplanes, as defined in RCW
82.32.550, are exempt from tax under this chapter. A person claiming the credit under RCW
82.04.4463 is not eligible for the exemption under this section.
(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) This section expires July 1, 2040.
NOTES:
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.