RCW 47.56.878
State route number 167 and Interstate 405 corridor project—Construction—Application for deferral of state and local sales and use taxes—Department of revenue to issue certificate—Payments—Interest and penalties—Subject to disclosure.
(1)(a) A person involved in the construction of any state route number 167 and Interstate 405 corridor project may apply to the department of revenue for deferral of state and local sales and use taxes owed by that person with respect to the site preparation for, the construction of, the acquisition of any related machinery and equipment that will become a part of, and the rental of equipment for use in, the projects. The deferral is for purchases made and labor or services rendered on or after July 1, 2022.
(b) Deferral applicants must submit their applications for deferral in a form and manner prescribed by the department of revenue. The application must contain information regarding estimated or actual costs, time schedules for completion and operation, and other information required by the department of revenue. The department of revenue shall approve the application within 60 days if it meets the requirements of this section.
(2) The department of revenue shall issue a sales and use tax deferral certificate to qualifying applicants for state and local sales and use taxes imposed or authorized under chapters 82.08, 82.12, and 82.14 RCW and RCW 81.104.170 on the project.
(3) A person granted a tax deferral under this section shall begin paying the deferred taxes in the tenth year after the date the department notifies the department of revenue in writing that all projects qualifying for a deferral under this section are operationally complete. The first payment is due on December 31st of the tenth calendar year after the notification date, with subsequent annual payments due on December 31st of the following nine years. Each payment must equal 10 percent of the deferred tax.
(4) The department of revenue may authorize an accelerated repayment schedule upon request of a person granted a deferral under this section.
(5) Interest and penalties must not be charged on any taxes deferred under this section for the period of deferral, although all other penalties and interest applicable to delinquent excise taxes may be assessed and imposed for delinquent payments under this section. The debt for deferred taxes is not extinguished by insolvency or other failure of any private entity granted a deferral under this section.
(6) Applications and any other information received by the department of revenue under this section are not confidential and are subject to disclosure. Chapter 82.32 RCW applies to the administration of this section.
(7) For purposes of this section, the following definitions apply:
(a) "Person" has the same meaning as in RCW 82.04.030 and also includes the department.
(b) "Qualifying applicant" means a person whose deferral application under this section was approved by the department of revenue.
(c) "State route number 167 and Interstate 405 corridor project" means any of the following projects:
(i) Interstate 405 and state route number 522 vicinity to state route number 527 express toll lanes improvement project (design completion and construction);
(ii) Interstate 405 Renton to Bellevue widening and express toll lanes project (construction of phase 3);
(iii) Northbound and southbound state route number 167 stage 6 extension project (design and construction);
(iv) Interstate 405 and North 8th Street direct access ramp project (design and construction); and
(v) Northeast 85th Street toll equipment through the Interstate 405 and Northeast 85th Street interchange and inline bus rapid transit station project (toll infrastructure construction).
[ 2022 c 274 § 1.]
NOTES:
Automatic expiration date and tax preference performance statement exemption—2022 c 274: "The provisions of RCW 82.32.805 and 82.32.808 do not apply to this act." [ 2022 c 274 § 2.]
Effective date—2022 c 274: "This act takes effect July 1, 2022." [ 2022 c 274 § 3.]
Structure Revised Code of Washington
Title 47 - Public Highways and Transportation
Chapter 47.56 - State Toll Bridges, Tunnels, and Ferries.
47.56.030 - Powers and duties regarding toll facilities—Purchasing.
47.56.031 - Approval of tolls.
47.56.032 - Authority of department and commission relating to state ferries.
47.56.040 - Toll bridges authorized—Investigations.
47.56.042 - State boundary bridges—Investigations—Agreements with counties or states.
47.56.050 - Purchase of bridges and ferries authorized—Provisions applicable.
47.56.060 - Toll bridges—General powers of department and officials—Financial statements.
47.56.070 - Toll facilities authorized—Provisions applicable.
47.56.076 - Regional transportation investment district—Vehicle tolls authorized.
47.56.077 - Concessions to operate private business on toll road prohibited.
47.56.078 - Transportation benefit district—Vehicle tolls authorized.
47.56.090 - Authority to acquire right-of-way in constructing a toll bridge.
47.56.100 - Toll bridges—Right-of-way across state highways and political subdivisions—Compensation.
47.56.110 - Toll bridges—Resolution of necessity in acquiring right-of-way—Effect of.
47.56.120 - Toll bridges—Construction directed—Costs.
47.56.130 - Toll bridges—Bonds—Cooperative funds from state and federal government.
47.56.140 - Toll bridges, bonds—Form, contents, manner of sale—Interim bonds.
47.56.160 - Toll bridges—Toll revenue fund.
47.56.165 - Tacoma Narrows toll bridge account.
47.56.167 - Toll collection account.
47.56.170 - Toll bridges—Transfer of funds for bond payments—Surplus funds.
47.56.180 - Toll bridges—Payments made by warrants on vouchers—Interest on deposits.
47.56.190 - Toll bridges—Agreement on deposit of funds.
47.56.200 - Toll bridges—Use of bond proceeds and revenue for expenses.
47.56.210 - Toll bridges—Remedies of bond holders.
47.56.220 - Toll bridges—Limitations on other service—Protection of outstanding bonds.
47.56.230 - Toll bridges—Insurance or indemnity bonds authorized.
47.56.240 - Toll bridges—Fixing of toll rates authorized—Lien of bonds on revenue.
47.56.245 - Toll charges retained until costs paid.
47.56.247 - Credit permits for vehicular passage.
47.56.248 - Credit permits for vehicular passage—Cash deposit or bond—Revocation of permit.
47.56.250 - Contributions by the state or political subdivision—Bonds—Repayment.
47.56.254 - Sale of unneeded property—Authorized—Rules.
47.56.255 - Sale of unneeded property—Certification to governor—Execution, delivery of deed.
47.56.256 - Franchises for utility, railway, urban public transportation purposes.
47.56.257 - Deposit of moneys received under RCW 47.56.253 through 47.56.256.
47.56.258 - Notification requirements.
47.56.270 - 1950 Tacoma Narrows bridge part of primary highways.
47.56.271 - 1950 Tacoma Narrows bridge toll-free—Exception.
47.56.366 - Hood Canal bridge—Public sport fishing—Disclaimer of liability.
47.56.401 - High occupancy toll lanes defined.
47.56.600 - Naches Pass tunnel—Design.
47.56.711 - Spokane river bridges.
47.56.725 - County ferries—Deficit reimbursements—Capital improvement funds.
47.56.730 - "No Smoking" areas on ferries—Establishment directed.
47.56.770 - Refunding bonds—Authorized.
47.56.772 - Refunding bonds—Liquidation of existing bond funds.
47.56.773 - Refunding bonds—Repayment to Puget Sound capital construction account.
47.56.774 - Various bond issues—Charge against fuel tax revenues.
47.56.790 - Interstate 90 floating bridge tolls—Federal authorization—Report.
47.56.796 - Toll rates—Legislative approval—Adjustments—Reports.
47.56.820 - Imposition of tolls on eligible toll facilities—Who may authorize, revenue expenditures.
47.56.830 - Policy guidelines for eligible toll facility proposals.
47.56.840 - Tolling advisory committee.
47.56.855 - Report to legislature on toll rate increases and decreases by transportation commission.
47.56.864 - Alaskan Way viaduct replacement project account—Deposits—Use and transfer of funds.
47.56.875 - State route No. 520 corridor account—Deposits—Use and transfer of funds.
47.56.876 - State route number 520 civil penalties account.
47.56.884 - Interstate 405 and state route number 167 express toll lanes account.
47.56.888 - Interstate 405 and state route number 167 corridors—Performance—Reevaluation of options.
47.56.895 - Puget Sound Gateway facility—Toll rates.