Introduced by Rep. Dan Roach, (R-Bonney Lake) (R) on January 18, 2005, to require the taxing district to reduce the assessed value of property subject to any policy requiring a portion of the assessed property be set aside for restricted use. The taxing district must reduce the assessed value equal to the percentage of the portion of land with land use restrictions. See companion SB 5548.
Referred to the House Finance Committee on January 18, 2005.
Comments
Fair compensation for land use restriction by Anonymous on January 22, 2005 We badly need this in unincorporated King County.
2005 House Bill 1163 (Reducing assessed value of restricted property) by admin on January 1, 2001 Introduced in the House on January 18, 2005