Exemption

Nonprofit libraries

Property Tax exemption · RCW 84.36.040(1)(b) · enacted 1854

All exemptions & deductions

Details

Citation
RCW 84.36.040(1)(b)
Study reference
E1389-1
Tax type
Property Tax
Preference type
Exemption
Category
Nonprofit
Year enacted
1854
End date
None scheduled

Fiscal impact (2024 study estimates)

Revenue if repealed — local ($M)
FY 2024: 0 · FY 2025: 0.004 · FY 2026: 0.007 · FY 2027: 0.007
Revenue if repealed — state ($M)
FY 2024: 0 · FY 2025: 0 · FY 2026: 0 · FY 2027: 0
Taxpayer savings — local ($M)
FY 2024: 0.111 · FY 2025: 0.117 · FY 2026: 0.124 · FY 2027: 0.131
Taxpayer savings — state ($M)
FY 2024: 0.038 · FY 2025: 0.038 · FY 2026: 0.039 · FY 2027: 0.04

CTI = confidential taxpayer information · D = unable to disclose

From the 2024 DOR Tax Exemption Study

Home Forms & Publications Publications By Subject Tax Topics 2020 Tax Legislation Print 2020 Tax Legislation The following is a brief summary of the tax-related bills passed by the Legislature and signed into law by Gov. Inslee during the 2020 legislative session. Aerospace taxes Derelict vessels Electric marine battery incentive Expired exemption for mental health and chemical dependency services Feminine hygiene products Gift cards Heavy equipment rental Land development or management services Large private airplanes Nonprofit and library fundraising Plastic bags Tribal compacts Workforce education Also, see the department’s complete Summary of 2020 Tax & Licensing Legislation. Aerospace taxes This bill makes the following aerospace business and occupation tax preference changes, effective April 1, 2020: Manufacturers and processors for hire of commercial aircraft and components of such aircraft are subject to a business and occupation tax rate of 0.484% on their manufacturing, wholesaling and retailing activities. Manufacturers and processors for hire of certain aerospace tooling are subject to a business and occupation tax rate of 0.484% on their manufacturing and wholesaling a

Does this apply to you?

This is reference data from the 2024 study — not advice, and 2025–26 legislation may have changed it. Three ways to go deeper: