S-1235.1                   _______________________________________________

                                                     SENATE BILL 5870

                              _______________________________________________

State of Washington                              53rd Legislature                             1993 Regular Session

By Senators Haugen and McCaslin

Read first time 02/19/93.  Referred to Committee on Government Operations.

Concerning the tax value of new construction.

          AN ACT Relating to valuation of new construction; amending RCW 36.21.070; and declaring an emergency.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

        Sec. 1.  RCW 36.21.070 and 1989 c 246 s 3 are each amended to read as follows:

          Upon receipt of a copy of a building permit, the county assessor shall((, within twelve months of the date of issue of such permit,)) either proceed to make a physical appraisal of the building or buildings covered by the permit, or place the improvements on the tax roll at the time the assessor's office receives notice of final inspection or occupancy permit.

NEW SECTION. Sec. 2.  This act is necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and shall take effect immediately.

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