HB 2162-S2 - DIGEST

(DIGEST OF PROPOSED 2ND SUBSTITUTE)

     Finds that the current method for determining water-dependent rental rates for aquatic land leases for marinas may not be achieving the management goals in RCW 79.90.455.  The current method for setting rental rates for marinas, as well as alternatives to the current methods, should be evaluated in light of achieving management goals for aquatic lands leases.

     Finds that in order to prepare a complete and comprehensive report on this subject, the department of natural resources must be provided with complete income and expense information.

     Finds that rent increases for marinas should be limited to twenty-five percent of what the increase for each marina would otherwise have been under RCW 79.90.480, until June 30, 2002.

     Directs the department of natural resources to study and prepare a report to the legislature on alternatives to the current method for determination of water-dependent rent for marina lessees, as set forth in RCW 79.90.480.

     Requires the report to be presented to the legislature by September 1, 2001, with the recommendations of the department of natural resources clearly identified.  The department's recommendations must include draft legislation as necessary for implementation of its recommendations.

     Provides that the act shall be null and void if appropriations are not approved.