WA People
BILL · 1997–98 SESSION

SB 5743: Student housing/leasehold tx

Creating a leasehold excise tax exemption for organizations qualified under section 501(c)(3) of the internal revenue code that provide student housing.

Summary

  • All leasehold interests granted by a public college or university to a nonprofit organization, association, or corporation for a nominal amount of rent, in connection with the construction or renovation of housing for students, is exempt from the leasehold excise tax. The nonprofit organization, association, or corporation must be qualified for exemption under section 501(c)(3) of the federal Internal Revenue Code.

From the Senate Bill Report (SB 5743), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed Senate, stalled in House
  1. IntroducedFeb 10, 1997
  2. Out of committee
  3. Passed SenateMar 11, 1997
  4. Passed Housestopped here
  5. Governor
  6. Law
Prime sponsor
Jeannette Wood (R-21)
Introduced
February 10, 1997 in the Senate
Last action
February 25, 1998
Requested by
State agency
Companion bill
HB 1255
Budget
Has a fiscal note

Sponsors

Prime sponsor: Jeannette Wood (R-21)

3 co-sponsors (2 Democrats, 1 Republican)

Jeanne Kohl-Welles D-36Patricia Hale R-8Adam Kline D-37

Votes

Senate · Final Passage

March 11, 1997
Version voted on: SB 5743
49 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat23000
Republican26000
How each member voted

Yea (49)

Permalink to this vote

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

SB 5743 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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