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Conference approves tiered valuation changes in HB732 for shoreline properties
Summary
The conference adopted a CD1 to HB732 that raises valuation thresholds to $750,000 and creates a two-tier system with $500,000 for shoreline properties and $750,000 for non-shoreline properties; the committee approved the measure by voice vote.
Conferees approved a revised CD1 to HB732 (relating to shoreline management areas) on April 24, 2025, adopting a two-tier valuation system and raising the non-shoreline valuation threshold to $750,000.
During the session the House conferee described the CD1: "it raises the valuation to 750,000, and it makes it a 2 tier system, $500,000 for Shoreline Properties and 750,000 ... when it's not by the shoreline." A senate conferee signaled support for the change. The committee took a voice vote and recorded unanimous 'aye' votes on both house and senate sides.
The committee placed the bill on the calendar consistent with scheduling preferences and then returned to finalize the CD1 and record votes. The CD1 as described increases thresholds used in shoreline management determinations and was approved in conference.
