Washington 2023-2024 Regular Session

Washington House Bill HB1818

Introduced
2/10/23  
Refer
2/10/23  
Report Pass
3/28/23  
Refer
3/29/23  
Engrossed
1/17/24  
Refer
1/22/24  
Report Pass
2/19/24  
Refer
2/20/24  
Report Pass
2/26/24  
Enrolled
3/6/24  
Chaptered
3/15/24  

Caption

Concerning the exclusion of compensating tax when land is sold to a governmental entity intending to manage the land similarly to designated forestland or timberland.

Impact

If passed, HB 1818 would significantly impact state tax laws governing land sales and ownership. By exempting certain governmental transactions from compensating taxes, the bill encourages land sales to public entities for ecological management and development. This could lead to an increase in the conversion of privately owned land to public oversight, aiding conservation and potentially enhancing public resources accessible for timber production or recreational use.

Summary

House Bill 1818 aims to amend existing tax laws by excluding compensating tax obligations when land is sold to a governmental entity that plans to manage the land similar to designated forestland or timberland. This change is proposed to encourage the transfer of land to governmental management, which can be beneficial for conservation efforts. The bill addresses the financial hurdles that might discourage governmental entities from acquiring land for public purposes.

Sentiment

The sentiment surrounding HB 1818 is predominantly positive among proponents who view it as a forward-thinking approach to sustainable land management. Supporters argue that the elimination of compensating tax fosters environmental stewardship and public land preservation. However, opponents may express concerns about the implications for private land rights and how the bill affects tax revenues from land transactions.

Contention

Despite the overall favorable outlook, there are notable points of contention. Critics may worry that tax exemptions could reduce governmental revenues and set a precedent that complicates future tax legislation regarding land sales. Additionally, discussions may arise around the specific definitions of forestland and timberland in the context of the bill, as these terms significantly influence which lands would qualify for the tax exemption.

Companion Bills

No companion bills found.

Previously Filed As

WA HB1039

Concerning extending governmental services from cities to tribal lands.

WA SB5701

Expanding the definition of designated forestland.

WA HB1641

Amending the definition of timberland for purposes of determining the real property excise tax for a governmental entity.

WA HB1983

Amending the definition of timberland for purposes of determining the real estate excise tax for a governmental entity.

WA SB5301

Concerning extending governmental services from cities to tribal lands.

WA HB1576

Concerning the designation of historic landmarks by cities.

WA SB5390

Establishing a programmatic safe harbor agreement on forestlands.

WA SB5385

Revised for 1st Substitute: Amending the definition of timberland for purposes of determining the real estate excise tax for a governmental entity.

WA SB5554

Concerning historic landmark designations.

WA SB5667

Concerning eligibility, enrollment, and compensation of small forestland owners volunteering for participation in the forestry riparian easement program.

Similar Bills

No similar bills found.