1421-S AMH SMIN H2020.3

SHB 1421  - H AMD99
     By Representative Smith

WITHDRAWN 03/05/2011

     On page 3, line 5, after "must" insert ", consistent with this section,"

     On page 3, after line 27, insert the following:
     "(3) If the initial state financial investment in a community forest trust parcel, along with any eligible local contribution, has not been fully reimbursed, then at least fifty percent of any revenue generated by the associated community forest trust lands beyond what is needed to reimburse the department for management costs must be dedicated as follows:
     (a) If the partnering local government is eligible for reimbursement of its local commitment under section 7 of this act, and both the local government commitment and the initial state investment have not been reimbursed, then the revenue must be divided so that fifty percent is provided to the state's general fund and fifty percent is provided to the partnering local government; and
     (b) If the partnering local government is ineligible for reimbursement of its local commitment under section 7 of this act or the local commitment has already been reimbursed, and the initial state investment has not been reimbursed, then the revenue must be provided to the state's general fund."

     On page 6, line 8, after "forest." insert "However, any funds used as part of the local contribution that was originally provided through a state or federal grant may not be reimbursed."

     On page 6, line 24, after "reimburses" insert ", when appropriate,"

     On page 6, line 37, after "act." insert "However, local entities are only eligible for reimbursement under this subsection if the subsequent parcel use is not open space, parks, or habitat lands."

     On page 10, line 34, after "entities'" insert "eligible"

EFFECT:  Requires at least fifty percent of community forest trust revenue to be used to reimburse both the local financial commitment and the state's investment in obtaining a parcel prior to using the revenue for other parcel management objectives.
     Prohibits a partnering local government from receiving reimbursement for its initial contribution if the money used for the contribution came from a state or federal grant; limits the ability of a local entity to receive reimbursement of its local contribution upon divestiture of the property unless the subsequent use of the land after divestiture is a use other than open space, parks, or habitat.

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