File #: 2005-0068    Version:
Type: Ordinance Status: Passed
File created: 2/22/2005 In control: Budget and Fiscal Management Committee
On agenda: Final action: 3/14/2005
Enactment date: 3/17/2005 Enactment #: 15135
Title: AN ORDINANCE relating to taxation and imposing an excise tax on timber harvested from public lands, phased-in over ten years, and credited against the state tax, providing for administration and collection by the Washington state Department of Revenue; authorizing the county executive to execute an agreement with the Washington state Department of Revenue for the collection of the excise tax; establishing a January 1, 2005, effective date for collection of the excise tax on publicly owned land; amending Ordinance 6942, Section 1, Ordinance 6942, Section 3, Ordinance 6942, Section 4, Ordinance 6942, Section 5, Ordinance 6942, Section 6, Ordinance 6942, Section 7, and Ordinance 6942, Section 8, repealing Ordinance 6942, Section 2, and adding a new chapter to K.C.C. Title 4.
Sponsors: Larry Gossett
Indexes: Taxes, Timber Land
Attachments: 1. Ordinance 15135.pdf, 2. 2005-0068 Fiscal Note.xls, 3. 2005-0068 Revised Staff Report 02-23-05, 4. 2005-0068 Staff Report 02-23-05, 5. 2005-0068 Transmittal Letter.doc, 6. A. Agreement
Drafter
Clerk 02/24/2005
Title
AN ORDINANCE relating to taxation and imposing an excise tax on timber harvested from public lands, phased-in over ten years, and credited against the state tax, providing for administration and collection by the Washington state Department of Revenue; authorizing the county executive to execute an agreement with the Washington state Department of Revenue for the collection of the excise tax; establishing a January 1, 2005, effective date for collection of the excise tax on publicly owned land; amending Ordinance 6942, Section 1, Ordinance 6942, Section 3, Ordinance 6942, Section 4, Ordinance 6942, Section 5, Ordinance 6942, Section 6, Ordinance 6942, Section 7, and Ordinance 6942, Section 8, repealing Ordinance 6942, Section 2, and adding a new chapter to K.C.C. Title 4.
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STATEMENT OF FACTS:
1. In 1984, the Washington state Legislature authorized counties to impose a four-percent timber excise tax on timber harvested on private lands but not from timber harvested on public lands (Chapter 204, Laws of 1984).
2. On September 27, 1984, King County enacted the timber excise tax pursuant to Ordinance 6942.
3. In 2004 the state Legislature extended the authorization for counties to impose a timber excise tax to include timber harvested from public lands in Chapter 177, Laws of 2004 ("the Act"), with the tax rate phased in over ten years, and with an effective date of January 1, 2005.
4. There currently is a five percent tax imposed by the state on timber harvested from private and public lands.
5. The county tax will be credited against the state tax, thus maintaining the current total rate of five percent, thereby not increasing the tax burden imposed on timber harvesters.
6. The Act provides that the Washington state Department of Revenue will collect, administer and distribute the proceeds of the county timber excise tax to the county.
7. It is the intent of the metropolitan King County council to impose the ...

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