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WA SB5656
Bill
Status
Passed
4/22/2025
Primary Sponsor
Deborah Krishnadasan
Click for details
AI Summary
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Amends RCW 79.105.060 to change the inflation rate index used for aquatic land leases from the all commodity producer price index to the consumer price index for all urban consumers (CPI-U) for the Seattle metropolitan area
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The inflation rate affects calculations for lease rates on state-owned aquatic lands including tidelands, shorelands, harbor areas, and beds of navigable waters
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Passed unanimously in both chambers: Senate 49-0 on March 4, 2025, and House 97-0 on April 9, 2025
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Signed by Governor Bob Ferguson on April 22, 2025, with an effective date of July 27, 2025
Legislative Description
Modifying the definition of inflation rate for aquatic leases.
Last Action
Effective date 7/27/2025.
4/22/2025
Committee Referrals
Rules4/2/2025
Agriculture and Natural Resources3/6/2025
Rules2/17/2025
Agriculture & Natural Resources2/4/2025
Full Bill Text
No bill text available