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Bill

SB 5385

Amending the definition of timberland for purposes of determining the real property excise tax for a governmental entity.

2025-2026 Regular Session Introduced by Mike Chapman and 2 co-sponsors

SB 5385 redefines "timberland" for Washington's real property excise tax, potentially altering tax obligations and revenue for government entities managing forest lands.

By resolution, reintroduced and retained in present status.
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Bill Summary · SB 5385

Legislative bill overview

SB 5385 modifies Washington state's definition of "timberland" used to calculate real property excise tax (RPET) obligations for governmental entities. The bill underwent a public hearing and committee review, with a substitute version approved for passage and referral to the Ways & Means Committee, suggesting the definition change may affect tax assessments or exemptions.

Why is this important

Real property excise tax is a significant revenue source for Washington state and local governments. How timberland is defined directly impacts which properties qualify for timber-related tax treatments, potentially affecting revenue collection, land management incentives, and operating budgets for governmental entities that own or manage forest lands.

Potential points of contention

  • Revenue impact uncertainty: Narrowing or broadening the timberland definition could reduce or increase tax revenue depending on direction; the specific change in the substitute bill is not detailed here
  • Competing interests: Timber industry stakeholders, environmental groups, and government budget advocates may disagree on whether the change favors forest management, conservation, or fiscal sustainability
  • Administrative burden: Redefining timberland may require reassessment of existing properties and create compliance challenges for affected governmental entities

Compiled from official sources — confirm details with the bill’s official record.

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