H-4540              _______________________________________________

                                          SUBSTITUTE HOUSE BILL NO. 3016

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State of Washington                               51st Legislature                              1990 Regular Session

By House Committee on Appropriations (originally sponsored by Representatives H. Myers and Belcher)

Read first time 2/6/90.

AN ACT Relating to adequately funding implementation of RCW 76.12.190 as enacted by the 1989 legislature, including counties who own their own lands; creating new sections; and declaring an emergency.

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

NEW SECTION. Sec. 1.     The legislature recognizes that to successfully implement the provisions of RCW 76.12.190 as enacted by the 1989 legislature it must provide sufficient funding to not adversely affect participating counties.

          Any county with forest board lands or owning its own timber land which reserves timber for sale to an enterprise meeting the eligibility standards as enacted by the 1989 legislature and set forth in RCW 76.12.190(2)(a) (i) and (ii) shall be eligible to receive reimbursement under the provisions of this section.  Participating counties and the department of natural resources shall be reimbursed as follows:

          The county, other taxing districts, and the department shall be compensated for any loss in revenue attributed to this section subject to appropriations for this purpose.  Compensation moneys shall be from the appropriation provided in section 2 of this act.  The department of revenue shall determine the compensation basis by comparing the actual bid price of timber sold under RCW 76.12.190(1) to the valuation determined by the department under chapter 84.33 RCW for private timber that is fully exportable.  The difference shall be the compensation to be divided between the county, the department of natural resources, and the other taxing districts in the following manner:  Twenty-five percent to the department of natural resources to be deposited in the forest development account, and the balance distributed between the counties and the other taxing districts in the same manner as general taxes are paid and distributed in the year of payment.

          The department of natural resources shall distribute funds to participating counties and the forest development account as the enterprise removes the timber.  The county shall distribute the funds to the other taxing districts.

          In the event the appropriation in section 2 of this act is not sufficient to fully compensate all revenue losses to all participating counties, it shall be used to compensate those sales sold first.

NEW SECTION. Sec. 2.     Reserving timber under this act does not constitute a contractual relationship between the department or the state and the county or the other taxing districts.

NEW SECTION. Sec. 3.     This act is necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and shall take effect immediately.