Bill: SB 5768 (HB 1864) — 2017
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)
|Capital Planning & Develop||Passed out of house of origin||2017-02-15|