This bill modifies the property tax exemption for community centers in Washington State by amending RCW 84.36.010. It establishes that all property of a community center is exempt from taxation for a period of 40 years from acquisition, with specific provisions for property determined to be surplus to the needs of a university exempt from property taxes. Additionally, the bill introduces a new definition of "community center" that includes properties acquired by nonprofit organizations for the purpose of converting them into facilities for delivering nonresidential coordinated services to community members. Notably, for taxes levied for collection in 2026 through 2035, the definition of "community center" is expanded to include such properties from universities.

Furthermore, the bill clarifies that community centers may rent or loan space to businesses or individuals, and it defines "essential government services" and "economic development" in the context of community centers. The act applies specifically to property taxes levied for collection in the years 2026 through 2035, and it states that RCW 82.32.808 does not apply to this act.

Statutes affected:
Original Bill: 84.36.010
Substitute Bill: 84.36.010
Bill as Passed Legislature: 84.36.010
Session Law: 84.36.010