H-4438              _______________________________________________

                                           SUBSTITUTE HOUSE BILL NO. 508

                        _______________________________________________

State of Washington                              49th Legislature                              1986 Regular Session

By House Committee on Natural Resources (originally sponsored by Representatives Vekich, Basich, Thomas, R. King, Lundquist, S. Wilson and Haugen)

Read first time 2/6/86 and referred to Committee on Ways & Means.

AN ACT Relating to the sale of deficit timber volume from public lands; adding a new chapter to Title 79 RCW; and declaring an emergency.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

NEW SECTION. Sec. 1.     The legislature finds that the sale of timber from lands administered by the department of natural resources provides revenue to the common school construction account.  If the department of natural resources sold the existing 1.6 billion board foot deficit in its timber sales program brought about by (1) defaulted timber sales, and (2) the department's not offering for sale the entire sustainable harvest sales program since July 1, 1980, the common school trust account would receive over sixty million dollars.

NEW SECTION. Sec. 2.     Unless the context clearly requires otherwise, the definitions in this section apply throughout this chapter.

          (1) "Department" means the department of natural resources.

          (2) "Sustainable harvest level" means the volume of timber offered for harvest from public lands for any period as calculated by the department of natural resources and adopted by the board of natural resources.

          (3) "Defaulted" means the volume remaining when a contractor fails to meet the terms of the sales contract at the completion date of the contract or any extension thereof and timber returned to the state under RCW 79.01.1331 through 79.01.1339.

          (4) "Deficit" means all timber defaulted or otherwise terminated and returned to the department from July 1, 1979, until June 30, 1986, plus any difference between the sustainable harvest level and the actual board sales level during the period from July 1, 1980, through June 30, 1984.

NEW SECTION. Sec. 3.     By June 30, 1993, the department shall offer for sale the entire deficit timber sales volume in addition to the annual sustainable harvest level as adopted by the board of natural resources.

NEW SECTION. Sec. 4.     Sections 1 through 3 of this act shall constitute a new chapter in Title 79 RCW.

NEW SECTION. Sec. 5.     This act is necessary for the immediate preservation of the public peace, health, and safety, the support of the state government and its existing public institutions, and shall take effect immediately.