BillTracker

Creating a leasehold excise tax exemption for certain leasehold interests in facilities owned or used by schools, colleges, or universities (Dolan, Van Werven)

Provides a leasehold excise tax exemption for leasehold interests in facilities owned or used by a school, college, or university, and the leasehold interest provides:
(1) Food services for students, faculty, and staff;
(2) The operation of a bookstore on campus; or
(3) Maintenance, operational, or administrative services to the school, college, or university.

EFFECT OF FLOOR AMENDMENT:
Limits the leasehold excise tax exemption to qualifying leasehold interests in facilities owned or used by a community college or technical college. Corrects a statutory citation reference.

Hearing Date: Tuesday, March 14, 2017 -- 8:00 am

WA State Legislature Link:
http://app.leg.wa.gov/billsummary?BillNumber=1913&Chamber=House&Year=2017    (opens a new browser tab)