Washington § 84.16.050 - Basis of valuation — Apportionment of system value to state.

Full text of Washington Revised Code of Washington § 84.16.050 — Basis of valuation — Apportionment of system value to state., with citation guidance and answers to common questions.

§ 84.16.050. Basis of valuation — Apportionment of system value to state.

The department of revenue may, in determining the true and fair value of the operating property to be placed on the assessment roll value the entire property as a unit. If the company owns, leases, operates or uses property partly within and partly without the state, the department of revenue may determine the value of the operating property within this state by the proportion that the value of such property bears to the value of the entire operating property of the company, both within and without this state. In determining the operating property which is located within this state the department of revenue may consider and base such determination on the proportion which the number of car miles of the various classes of cars made in this state bears to the total number of car miles made by the same cars within and without this state, or to the total number of car miles made by all cars of the various classes within and without this state. If the value of the operating property of the company cannot be fairly determined in such manner the department of revenue may use any other reasonable and fair method to determine the value of the operating property of the company within this state.
[ 2001 c 187 s 10; 1997 c 3 s 120 (Referendum Bill No. 47, approved November 4, 1997); 1994 c 301 s 27; 1975 1st ex.s. c 278 s 180; 1961 c 15 s 84.16.050. Prior: 1933 c 146 s 8; RRS s 11172-8; prior: 1907 c 36 s 7.]

Notes

Contingent effective date—2001 c 187: See note following RCW 84.70.010.
Application—2001 c 187: See note following RCW 84.40.020.
Application—Severability—Part headings not law—Referral to electorate—1997 c 3: See notes following RCW 84.40.030.
Construction—Severability—1975 1st ex.s. c 278: See notes following RCW 11.08.160.

Source: official Washington text · Last verified 2026-08-27

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Frequently Asked Questions About Washington § 84.16.050

What does Revised Code of Washington § 84.16.050 cover?

Section 84.16.050 ("Basis of valuation — Apportionment of system value to state.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Washington § 84.16.050?

A common citation format is "Revised Code of Washington § 84.16.050" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 84.16.050 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Washington.