BILL · 2001–02 SESSION

HB 1949: Prprty tx exmptn/shorelines

Providing a tax exemption for property that has declined in value due to shoreline regulation.

Summary

  • $ Exempts property from state and local property taxes if the property's value has been reduced by at least 25 percent after November 20, 2000, as a result of shoreline master program regulation.
  • $ Continues the property tax exemption until the cumulative tax savings equals or exceeds the property value reduction.
  • $ Specifies a process for petitions regarding property tax exemptions and appeals of assessors' determinations regarding exemptions.
  • $ Requires taxing district levies to be reduced as needed to prevent exemptions from resulting in a higher tax rate.

From the House Bill Analysis (HB 1949), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 9, 2001
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Joe Marine (R-21)
Introduced
February 9, 2001 in the House
Last action
January 14, 2002
Budget
Has a fiscal note

AN ACT Relating to a tax exemption for property that has declined in value due to shoreline regulation;

Sponsors

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. First reading, referred to Local Government & Housing.

HB 1949 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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