BillTracker

Concerning a leasehold excise tax credit for properties of market value in excess of ten million dollars and for certain major international airport leases (Rossi, Frockt)

Provides a leasehold excise tax credit for a leasehold interest in real property owned by a state university or a major international airport.

EFFECT OF CHANGES MADE BY WAYS & MEANS COMMITTEE (First Substitute):
-Makes a clarifying amendment that the qualifying airports are SeaTac and Spokane International Airport.
-Changes the effective date to January 1, 2022, and expiration date of January 1, 2032.

Hearing Date: Wednesday, February 15, 2017 -- 3:30 pm

WA State Legislature Link:
http://app.leg.wa.gov/billsummary?BillNumber=5768&Year=2017    (opens a new browser tab)