SENATE BILL REPORT
SB 5806
This analysis was prepared by non-partisan legislative staff for the use of legislative members in their deliberations. This analysis is not a part of the legislation nor does it constitute a statement of legislative intent. |
As of February 21, 2013
Title: An act relating to repealing an obsolete provision for a credit against property taxes paid on timber on public land.
Brief Description: Repealing an obsolete provision for a credit against property taxes paid on timber on public land.
Sponsors: Senators Smith, Rolfes, Pearson and Hargrove.
Brief History:
Committee Activity: Ways & Means: 2/21/13.
SENATE COMMITTEE ON WAYS & MEANS |
Staff: Juliana Roe (786-7438)
Background: Under current law, a credit against the timber tax is provided for property taxes paid on privately owned timber standing on public land. However, in 2004, the Legislature passed a bill that exempts all timber from the property tax. Therefore, the credit provided is obsolete and unnecessary.
Summary of Bill: The property tax credit for taxes paid on privately owned timber standing on public lands is repealed.
Appropriation: None.
Fiscal Note: Not requested.
Committee/Commission/Task Force Created: No.
Effective Date: Ninety days after adjournment of session in which bill is passed.
Staff Summary of Public Testimony: PRO: This bill allows us to take an opportunity to clean up our statues. It is good practice to get rid of obsolete laws.
There is no fiscal impact attributed to this bill. The Department of Revenue is in favor of the bill.
Persons Testifying: PRO: Senator Smith, prime sponsor; John Ehrenreich, WA Forest Protection Assn.