82.29A.137 - Exemptions -- Certain leasehold interests related to the manufacture of superefficient airplanes.

Exemptions — Certain leasehold interests related to the manufacture of superefficient airplanes. (Expires July 1, 2024.)

(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 report with the department under RCW 82.32.534.

     (3) This section expires July 1, 2024.

[2010 c 114 § 134; 2003 2nd sp.s. c 1 § 13.]

Notes: Application -- Finding -- Intent -- 2010 c 114: See notes following RCW 82.32.585.

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.