WA HB2140

Exempts classified land (open space, farm/agricultural, timberland) from additional "rollback" taxes when sold or transferred to a governmental entity, provided the sale enables the landowner to develop other classified property

Limits the exemption to situations where the combined acreage removed from classification (both the developed land and the land transferred to government) does not exceed 20 percent of the total classified acres before removal

Amends RCW 84.34.108, which normally requires payment of back taxes (difference between reduced classified rate and full market rate) when land is removed from current use classification

Adds this exemption to the existing list of circumstances where rollback taxes are waived, such as eminent domain takings, natural disasters, and transfers to churches or conservation organizations