2478 AMS WM S5691.1

HB 2478 - S COMM AMD

By Committee on Ways & Means

    Strike everything after the enacting clause and insert the following:

    "NEW SECTION. Sec. 1.  A new section is added to chapter 84.33 RCW to read as follows:

    (1) A purchaser of privately owned timber in an amount in excess of two hundred thousand board feet in a voluntary sale made in the ordinary course of business shall, on or before the last day of the month following the purchase of the timber, report the particulars of the purchase to the department.

    (2) The report required in subsection (1) of this section shall contain all information relevant to the value of the timber purchased including, but not limited to, the following, as applicable:  Purchaser's name and address, sale date, termination date in sale agreement, total sale price, total acreage involved in the sale, net volume of timber purchased, legal description of the area involved in the sale, road construction or improvements required or completed, timber cruise data, and timber thinning data.  A report may be submitted in any reasonable form or, at the purchaser's option, by submitting relevant excerpts of the timber sales contract.  A purchaser may comply by submitting the information in the following form:

Purchaser's name:................................................

Purchaser's address:.............................................

Sale date:.......................................................

Termination date:................................................

Total sale price:................................................

Total acreage involved:..........................................

Net volume of timber purchased:..................................

Legal description of sale area:..................................

Property improvements:...........................................

Timber cruise data:..............................................

Timber thinning data:............................................

    (3) A purchaser of privately owned timber involved in a purchase described in subsection (1) of this section who fails to report a purchase as required shall be liable for a penalty of two hundred fifty dollars for each failure to report, as determined by the department.

    (4) This section shall expire March 1, 1997."

HB 2478 - S COMM AMD

By Committee on Ways & Means

    On page 1, line 2 of the title, after "logs;" strike the remainder of the title and insert "adding a new section to chapter 84.33 RCW; and prescribing penalties."

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