§ 47.46.060 — Deferral of taxes—Application—Repayment.

Washington § 47.46.060

• Jurisdiction: Washington
• Title 47: PUBLIC HIGHWAYS AND TRANSPORTATION
• Ch. 47.46: PUBLIC-PRIVATE TRANSPORTATION INITIATIVES

Text

(1) Any person, including the department of transportation and any private entity or entities, may apply for deferral of taxes on the site preparation for, the construction of, the acquisition of any related machinery and equipment that becomes a part of, and the rental of equipment for use in the state route number 16 corridor improvements project under this chapter. Application must be made to the department of revenue 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 must approve the application within 60 days if it meets the requirements of this section.

(2) The department of revenue 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 the project.

(3) The department of transportation or a private entity granted a tax deferral under this section must complete paying the deferred taxes by June 30, 2026. It is the intent of the legislature that any nontoll accounts used to pay the deferred sales and use taxes will be reimbursed by toll revenues no later than December 31, 2032, which reflects prior legislative intent regarding the use of toll revenues for this purpose.

(4) The department of revenue may authorize an accelerated repayment schedule upon request of the department of transportation or a private entity granted a deferral under this section.

(5) Interest may 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 the private entity. Transfer of ownership does not terminate the deferral.

(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.

Effective date — 2015 3rd sp.s. c 44: See note following RCW 46.68.395 .

Finding — Intent — 2002 c 114: See RCW 47.46.011 .

Captions not law — 2002 c 114: See note following RCW 47.46.011 .

Finding — 1998 c 179: See note following RCW 35.21.718 .

Legislative History

[2025 c 418 s 5;2015 3rd sp.s. c 44 s 405;2012 c 77 s 1;2002 c 114 s 18;1998 c 179 s 4.]