RCW 84.55.125
Limitation adjustment for certain leasehold interests.
For taxes levied for collection in 2002, the limitation set forth in RCW 84.55.010 for a taxing district shall be increased by an amount equal to the aggregate assessed valuation of leasehold interests subject to tax by the district under RCW 84.40.410, multiplied by the regular property tax levy rate of that district for the preceding year.
[ 2001 c 26 § 4.]
Structure Revised Code of Washington
Chapter 84.55 - Limitations Upon Regular Property Taxes.
84.55.010 - Limitations prescribed.
84.55.015 - Restoration of regular levy.
84.55.020 - Limitation upon first levy for district created from consolidation.
84.55.030 - Limitation upon first levy following annexation.
84.55.040 - Increase in statutory dollar rate limitation.
84.55.047 - Applicability of chapter to community revitalization financing increment areas.
84.55.060 - Rate rules—Educational program—Other necessary action.
84.55.070 - Inapplicability of chapter to levies for certain purposes.
84.55.092 - Protection of future levy capacity.
84.55.100 - Determination of limitations.
84.55.125 - Limitation adjustment for certain leasehold interests.
84.55.130 - Inapplicability of limitation to certain multiyear levy periods by port districts.