{"data":{"id":"us-wa/rcw-43.52b.080","jurisdiction":"us-wa","citation":"RCW 43.52B.080","heading":"Payments in lieu of property taxes.","body":"(1) For electric transmission facilities owned by the authority that are exempt from property tax under RCW 84.36.010, the authority must make payments in lieu of property taxes to counties in which such facilities are located.\n(2) Beginning in the first tax year in which improvements associated with a transmission facility owned in whole or in part by the authority would be subject to assessment under chapters 84.40 and 84.12 RCW if the facility were owned by a taxable entity, the authority must annually make payments in lieu of property taxes as provided in this section.\n(3)(a) The amount of the payment must be determined jointly and in good faith negotiation between the authority, in consultation with the project partner, lessee, or operator of the transmission facility, and the county in which the facility is located.\n(b) The amount agreed upon may not exceed the property tax amount that would be owed on the facility if it were owned by a taxable entity as calculated by the county assessor. The authority must provide information necessary for the county assessor to make the required valuation under this subsection. The authority must provide payment to the county treasurer on at least an annual basis in a manner agreed upon between the authority and county.\n(c) If the authority and a county cannot agree on the amount of the payment in lieu of taxes, either party may invoke binding arbitration by providing written notice to the other party. The authority and county must each select one arbitrator, the two of whom must pick a third arbitrator. Costs of the arbitration, including compensation for the arbitrators' services, must be borne equally by the parties participating in the arbitration.\n(4) Payments made under this section must be distributed by the county treasurer in the same manner as property tax revenues collected under Title 84 RCW and must be allocated among all taxing districts within the county in proportion to their respective levy rates.\n(5) Payments required under this section must be collected by the authority from a lessee, project partner, or operator of the applicable facility on a schedule set forth in a lease or project agreement, and such collected funds shall be considered the only funds available to the authority to make the required payments.\n(6) The payments required under this section are intended to ensure that counties and local taxing districts receive fiscal benefits for hosting transmission infrastructure owned by the authority.","path":["Title 43","Chapter 43.52B"],"source_url":"https://app.leg.wa.gov/rcw/default.aspx?cite=43.52B.080","current_through":"July 15, 2026","vintage":"","retrieved_at":"2026-09-06T02:50:19Z","sha256":"6d554a8a3fc1756ec15abaca7a3287f36aff984d58aea8572e5e44f9d79a1719","source_id":"us-wa","stale":false,"prev":"us-wa/rcw-43.52b.070","next":"us-wa/rcw-43.52b.800"},"notice":"GroundRules: Original legal text. Not legal advice."}