WA HB2028

Prohibits business entities (corporations, LLCs, partnerships, nonprofits, private foundations, and land trusts) and investment entities (REITs and pooled investment funds) from purchasing or acquiring agricultural land in Washington state

Exempts timberland and land with merchantable timber from these restrictions

Removes eligibility for open space taxation benefits under chapter 84.34 RCW for any agricultural land held in violation of the prohibition

Violations constitute unfair trade practices under the Consumer Protection Act, with civil penalties up to $100,000 and mandatory sale to a qualified buyer within one year of final judgment

Failure to sell land after judgment results in additional penalties of up to $125,000 per year until compliance; declared an emergency measure taking effect immediately