WA People
BILL · 2009–10 SESSION · LATEST VERSION ESSB 5424

SB 5424: Current use program

Concerning interest rate and penalty provisions in the current use program.

Summary

  • After the initial ten-years, property owners may withdraw their properties from classification and no longer must provide two years' advance notice of withdrawal. The interest rate on the additional tax is reduced from 12 percent to the rate provided for property tax refunds in RCW 84.69.100 (coupon issue yield of the average bill rate for 26 week treasury bills).

From the Engrossed Substitute Senate Bill Report (ESSB 5424), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed Senate, stalled in House
  1. IntroducedJan 21, 2009
  2. Out of committeeFeb 25, 2009
  3. Passed SenateMar 12, 2009
  4. Passed Housestopped here
  5. Governor
  6. Law
Prime sponsor
Linda Evans Parlette (R-12)
Introduced
January 21, 2009 in the Senate
Last action
March 15, 2010
Budget
Has a fiscal note
Versions
SB 5424, ESSB 5424

AN ACT Relating to interest rate and penalty provisions in the current use program;

Sponsors

Prime sponsor: Linda Evans Parlette (R-12)

1 co-sponsor (1 Democrat, 0 Republicans)

Senator D-35

Votes

Senate · 3rd Reading & Final Passage

Passed March 12, 2009
Version voted on: ESSB 5424
48 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat31000
Republican17001
How each member voted

Yea (48)

Excused (1)

Permalink to this vote

Senate · 3rd Reading & Final Passage

Passed February 5, 2010
Version voted on: ESSB 5424
43 Yea 5 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat26500
Republican17001
How each member voted

Excused (1)

Permalink to this vote

History

  1. By resolution, reintroduced and retained in present status. (ESSB 5424)
  2. By resolution, returned to Senate Rules Committee for third reading. (ESSB 5424)
  3. First reading, referred to Finance. (ESSB 5424)
  4. Third reading, passed; yeas, 43; nays, 5; absent, 0; excused, 1. (ESSB 5424)
  5. Rules suspended. Placed on Third Reading. (ESSB 5424)
  6. Floor amendment(s) adopted. (ESSB 5424)
  7. Returned to second reading for amendment. (ESSB 5424)
  8. Rules suspended. (ESSB 5424)
  9. Placed on third reading by Rules Committee. (ESSB 5424)
  10. Made eligible to be placed on third reading. (ESSB 5424)
  11. By resolution, reintroduced and retained in present status. (ESSB 5424)
  12. By resolution, returned to Senate Rules Committee for third reading. (ESSB 5424)
  13. First reading, referred to Finance. (ESSB 5424)
  14. Third reading, passed; yeas, 48; nays, 0; absent, 0; excused, 1. (ESSB 5424)
  15. Rules suspended. Placed on Third Reading. (ESSB 5424)
  16. 1st substitute bill substituted. (ESSB 5424)
  17. 1st substitute bill substituted.
  18. Placed on second reading by Rules Committee. (ESSB 5424)
  19. Placed on second reading by Rules Committee.
  20. Passed to Rules Committee for second reading. (ESSB 5424)
  21. WM - Majority; 1st substitute bill be substituted, do pass. (ESSB 5424)
  22. WM - Majority; 1st substitute bill be substituted, do pass.
  23. Passed to Rules Committee for second reading.
  24. First reading, referred to Ways & Means.

SB 5424 in other sessions

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

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