RCW 82.90.010 Findings—Intent. (1) The legislature finds that while Washington state has significant solar resources and increasing electricity generation from solar installations, these are concentrated in rooftop installations and in utility-scale solar projects on rural lands that could otherwise be devoted to crop lands, grazing lands, or other productive uses. A recent study estimates that […]
RCW 82.90.020 Definitions. The definitions in this section apply throughout this chapter unless the context clearly requires otherwise. (1) “Applicant” means a person applying for a tax deferral under this chapter. (2) “Eligible area” means a qualifying commercial center. (3) “Eligible investment project” means an investment project that is located, as of the date the […]
RCW 82.90.030 Applications. (1) Application for deferral of taxes under this chapter must be made before initiation of the construction of the investment project. The application must be made to the department in a form and manner prescribed by the department. The application must contain information regarding the location of the investment project, estimated or […]
RCW 82.90.040 Tax deferral certificates. The department must issue a sales and use tax deferral certificate for state and local sales and use taxes due under chapters 82.08, 82.12, and 82.14 RCW on each eligible investment project. [ 2022 c 161 § 4.] NOTES: Tax preference performance statement—2022 c 161: “This section is the tax […]
RCW 82.90.050 Requirements for recipients—Meaningful construction. (1) The recipient of a deferral certificate under RCW 82.90.040 must begin meaningful construction on an eligible investment project within one year of receiving a deferral certificate, unless construction was delayed due to circumstances beyond the recipient’s control. Lack of funding is not considered a circumstance beyond the recipient’s […]
RCW 82.90.060 Tax reduction—Rules. (1) Except as otherwise provided in this chapter, the recipient of the deferral under this chapter must receive a reduction of the amount of state and local sales and use tax to be repaid under chapter 161, Laws of 2022 as follows: (a) Fifty percent of the sales and use tax […]
RCW 82.90.070 Repayment schedule—Interest, penalties, and insolvency—Transfer of ownership. (1) Except as otherwise provided in this chapter, the recipient must begin paying the deferred taxes in the second year after the date certified by the department as the date on which the eligible investment project has been operationally completed. The first payment of 12.5 percent […]
RCW 82.90.080 Conditions for lessors. A lessor or owner of an eligible investment project is not eligible for a deferral under this chapter unless: (1) The underlying ownership of the qualified solar canopy vests exclusively in the same person; or (2)(a) The lessor by written contract agrees to pass the economic benefit of the deferral […]
RCW 82.90.900 Effective date—2022 c 161. This act takes effect July 1, 2022. [ 2022 c 161 § 12.]
