84.55.125 - Limitation adjustment for certain leasehold interests. - Washington Statutes

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.]