Tacoma dome public area

From the 2024 DOR Tax Exemption Study

82.29A.130(21) - Tacoma dome public area Description All leasehold interests in the public or entertainment areas of an arena are exempt from leasehold excise tax if the arena: - Has a seating capacity of more than 2,000. - Is located on city-owned land. - Owned by a city with a population over 200,000 within a county with a population of less than 1.5 million. Purpose To promote public entertainment facilities and to bring certain arenas, such as the Tacoma Dome, in line with other public stadiums and arenas. Taxpayer ($ in millions): savings FY 2024 FY 2025 FY 2026 FY 2027 State Taxes CTI CTI CTI CTI Local Taxes CTI CTI CTI CTI Repeal of Repealing this exemption would increase revenues. exemption Potential ($ in millions): revenue gains FY 2024 FY 2025 FY 2026 FY 2027 from full repeal State Taxes $0.000 CTI CTI CTI Local Taxes $0.000 CTI CTI CTI Assumptions This exemption impacts fewer than three taxpayers; any impacts are confidential. Data Sources Department of Revenue, Leasehold excise tax data Additional Additional Information Information Category: Government Year Enacted: 2020 Primary Beneficiaries: Tacoma Dome Taxpayer Count: Fewer than three Program Inconsistency: None evi