2SHB 1484 -
By Senator Regala
ADOPTED 04/17/2009
On page 10, line 36 of the amendment, after "than" strike "one
million" and insert "((one million)) six hundred thousand"
On page 14, after line 35 of the amendment, insert the following:
"Sec. 4 RCW 84.33.145 and 2001 c 249 s 4 are each amended to read
as follows:
(1) If no later than thirty days after removal of designation the
owner applies for classification under RCW 84.34.020 (1), (2), or (3),
then the designated forest land shall not be considered removed from
designation for purposes of the compensating tax under RCW 84.33.140
until the application for current use classification under chapter
84.34 RCW is denied or the property is removed from classification
under RCW 84.34.108. Upon removal of classification under RCW
84.34.108, the amount of compensating tax due under this chapter shall
be equal to:
(a) The difference, if any, between the amount of tax last levied
on the land as designated forest land and an amount equal to the new
assessed valuation of the land when removed from classification under
RCW 84.34.108 multiplied by the dollar rate of the last levy extended
against the land, multiplied by
(b) A number equal to:
(i) The number of years the land was designated under this chapter,
if the total number of years the land was designated under this chapter
and classified under chapter 84.34 RCW is less than ten; or
(ii) Ten minus the number of years the land was classified under
chapter 84.34 RCW, if the total number of years the land was designated
under this chapter and classified under chapter 84.34 RCW is at least
ten.
(2) Nothing in this section authorizes the continued designation
under this chapter or defers or reduces the compensating tax imposed
upon forest land not transferred to classification under subsection (1)
of this section which does not meet the definition of forest land under
RCW 84.33.035. Nothing in this section affects the additional tax
imposed under RCW 84.34.108.
(3) In a county with a population of more than ((one million)) six
hundred thousand inhabitants, no amount of compensating tax is due
under this section if the removal from classification under RCW
84.34.108 results from a transfer of property described in RCW
84.34.108(6)."
Renumber the remaining sections consecutively and correct any internal references accordingly.
EFFECT: Extends the exception for payment of compensating taxes on designated forest land sold or transferred for the purpose of conserving open space land from counties with a population greater than one million to counties with a population greater than 600,000.