H-3580.1  _______________________________________________

                          HOUSE BILL 2649

          _______________________________________________

State of Washington      57th Legislature     2002 Regular Session

By Representatives Carrell, Anderson, Crouse and McMorris

Read first time 01/23/2002.  Referred to Committee on Finance.

Requiring county assessors to submit an annual property tax report to the department of revenue.

    AN ACT Relating to property tax statistics; and adding a new section to chapter 84.52 RCW.

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

NEW SECTION. Sec. 1.  A new section is added to chapter 84.52 RCW to read as follows:

    Each county assessor, before March 1st each year, shall prepare and submit to the department of revenue a detailed report on property taxes levied within the county.  The report must include assessed valuation, levy rate, and levy amount for each type of levy by each taxing district authorized to levy property taxes within the county.  The report must also include information necessary to calculate the property tax limit contained in chapter 84.55 RCW for each taxing district, including the regular property tax lawfully levied in the three most recent years; the amount of new construction, improvements to property, and increase in assessed value of state-assessed property; the tax rate for the preceding year; the levy amount requested by the taxing district; copies of ordinances adopted under RCW 84.55.0101 and 84.55.120; copies of ballot propositions authorizing increases in the limit under RCW 84.55.050; the amount of levy capacity available under RCW 84.55.092; and other information the department of revenue may request.

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