Revised Code of Washington
Chapter 84.33 - Timber and Forestlands.
84.33.220 - Forestland valuation—Withdrawal from designation or change in use—Liability.

RCW 84.33.220
Forestland valuation—Withdrawal from designation or change in use—Liability.

Whenever forestland has been exempted from special benefit assessments under RCW 84.33.210, any removal from designation or change in use from forestland under this chapter shall result in the following:
(1) If the bonds used to fund the improvement in the local improvement district have not been completely retired, the land shall immediately become liable for:
(a) The amount of the special benefit assessment listed in the notice provided for in RCW 84.33.210; plus
(b) Interest on the amount determined in (a) of this subsection, compounded annually at a rate equal to the average rate of inflation from the time the initial notice is filed by the governmental entity that created the local improvement district as provided in RCW 84.33.210, to the time the owner or the assessor removes the land from the exemption category provided by this chapter; or
(2) If the bonds used to fund the improvement in the local improvement district have been completely retired, the land shall immediately become liable for:
(a) The amount of the special benefit assessment listed in the notice provided for in RCW 84.33.210; plus
(b) Interest on the amount determined in (a) of this subsection compounded annually at a rate equal to the average rate of inflation from the time the initial notice is filed by the governmental entity that created the local improvement district as provided in RCW 84.33.210, to the time the bonds used to fund the improvement have been retired; plus
(c) Interest on the total amount determined in (a) and (b) of this subsection at a simple per annum rate equal to the average rate of inflation from the time the bonds used to fund the improvement have been retired to the time the owner or the assessor removes the land from the exemption category provided by this chapter;
(3) The amount payable under this section shall become due on the date the land is removed from its forestland designation. This amount shall be a lien on the land prior and superior to any other lien whatsoever except for the lien for general taxes, and shall be enforceable in the same manner as the collection of special benefit assessments are enforced by that local government.

[ 2001 c 249 § 7; 1992 c 52 § 8.]

Structure Revised Code of Washington

Revised Code of Washington

Title 84 - Property Taxes

Chapter 84.33 - Timber and Forestlands.

84.33.010 - Legislative findings.

84.33.035 - Definitions.

84.33.040 - Timber exempt from ad valorem taxation.

84.33.041 - State excise tax on harvesters of timber imposed—Credit for county tax—Deposit of moneys in timber tax distribution account.

84.33.046 - Excise tax rate July 1, 1988, and thereafter.

84.33.051 - County excise tax on harvesters of timber authorized—Rate—Administration and collection—Deposit of moneys in timber tax distribution account—Use.

84.33.074 - Excise tax on harvesters of timber—Calculation of tax by small harvesters—Election—Filing form.

84.33.075 - Excise tax on harvesters of timber—Exemption for certain nonprofit organizations, associations, or corporations.

84.33.0775 - Timber harvest tax credit.

84.33.0776 - Timber harvest excise tax agreement credit.

84.33.078 - Harvesting and marketing costs for state or local government harvests.

84.33.081 - Distributions from timber tax distribution account—Distributions from county timber tax account.

84.33.086 - Payment of tax.

84.33.088 - Reporting requirements on timber purchase.

84.33.089 - Estimates of harvestable public forestland—Adjustments.

84.33.091 - Tables of stumpage values—Revised tables—Legislative review—Appeal.

84.33.096 - Application of excise taxes' administrative provisions and definitions.

84.33.130 - Forestland valuation—Application by owner that land be designated and valued as forestland—Hearing—Rules—Approval, denial of application—Appeal.

84.33.140 - Forestland valuation—Notation of forestland designation upon assessment and tax rolls—Notice of continuance—Removal of designation—Compensating tax.

84.33.145 - Compensating tax.

84.33.170 - Application of chapter to Christmas trees.

84.33.175 - Application of tax—Sale of land to governmental agency with reservation of rights to timber—Conveyance by governmental agency of trees.

84.33.200 - Legislative review of timber tax system—Information and data to be furnished.

84.33.210 - Forestland valuation—Special benefit assessments.

84.33.220 - Forestland valuation—Withdrawal from designation or change in use—Liability.

84.33.230 - Forestland valuation—Change in designation—Notice.

84.33.240 - Forestland valuation—Change in classification or use—Application of payments.

84.33.250 - Forestland valuation—Special benefit assessments.

84.33.260 - Forestland valuation—Withdrawal from designation or change in use—Benefit assessments.

84.33.270 - Forestland valuation—Government future development right—Conserving forestland—Exemptions.

84.33.280 - Applicant for forestry riparian easement program—Department to rely on certain documents.