H-1015.1  _______________________________________________

                          HOUSE BILL 1636

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State of Washington      54th Legislature     1995 Regular Session

By Representatives Elliot, B. Thomas, Cairnes, Thompson, Fuhrman, Pennington, Stevens, Beeksma, Schoesler, Hargrove and McMorris

Read first time 02/02/95.  Referred to Committee on Natural Resources.

Reducing amounts deducted from various public land transactions for trust land management costs.

    AN ACT Relating to deductions paid into the resource management cost account; and amending RCW 79.64.040.

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

    Sec. 1.  RCW 79.64.040 and 1981 2nd ex.s. c 4 s 3 are each amended to read as follows:

    The board shall determine the amount deemed necessary in order to achieve the purposes of this chapter and shall provide by rule for the deduction of this amount from the gross proceeds of all leases, sales, contracts, licenses, permits, easements, and rights of way issued by the department and affecting public lands.  Moneys received as deposits from successful bidders, advance payments, and security under RCW 79.01.132 and 79.01.204 prior to December 1, 1981, which have not been subjected to deduction under this section are not subject to deduction under this section.  The deductions authorized under this section shall in no event exceed ((twenty-five)) twenty percent of the total sum received by the department in connection with any one transaction pertaining to public lands other than second class tide and shore lands and the beds of navigable waters, and fifty percent of the total gross proceeds received by the department pertaining to second class tide and shore lands and the beds of navigable waters.

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