Washington § 84.12.310 Deduction of nonoperating property.

Washington Statutes

§ 84.12.310 — Deduction of nonoperating property.

Washington § 84.12.310

Title 84PROPERTY TAXES

Ch. 84.12ASSESSMENT AND TAXATION OF PUBLIC UTILITIES

This text of Washington § 84.12.310 (Deduction of nonoperating property.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wash. Rev. Code § 84.12.310 (2026).

Text

For the purpose of determining the system value of the operating property of any such company, the department of revenue shall deduct from the true and fair value of the total assets of such company, the actual cash value of all nonoperating property owned by such company. For such purpose the department of revenue may require of the assessors of the various counties within this state a detailed list of such company's properties assessed by them, together with the assessable or assessed value thereof: PROVIDED, That such assessed or assessable value shall be advisory only and not conclusive on the department of revenue as to the value thereof.

Contingent effective date — 2001 c 187: See note following RCW 84.70.010 .

Application — 2001 c 187: See note following RCW 84.40.020 .

Applicati

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For the purpose of determining the system value of the operating property of any such company, the department of revenue shall deduct from the true and fair value of the total assets of such company, the actual cash value of all nonoperating property owned by such company. For such purpose the department of revenue may require of the assessors of the various counties within this state a detailed list of such company's properties assessed by them, together with the assessable or assessed value thereof: PROVIDED, That such assessed or assessable value shall be advisory only and not conclusive on the department of revenue as to the value thereof.

Contingent effective date — 2001 c 187: See note following RCW 84.70.010 .

Application — 2001 c 187: See note following RCW 84.40.020 .

Application — Severability — Part headings not law — Referral to electorate — 1997 c 3: See notes following RCW 84.40.030 .

Construction — Severability — 1975 1st ex.s. c 278: See notes following RCW 11.08.160 .

Legislative History

[2001 c 187 s 5;1997 c 3 s 115(Referendum Bill No. 47, approved November 4, 1997);1994 c 301 s 21;1975 1st ex.s. c 278 s 167;1961 c 15 s 84.12.310. Prior:1935 c 123 s 10; RRS s 11156-10. Formerly RCW84.12.070.]