Washington HB1758 updates the inflation rate calculation for aquatic land leases.
Washington HB1758 amends the inflation rate calculation for aquatic land leases. It specifies that the inflation rate for a given year is the percentage change in the Seattle-Tacoma-Bellevue consumer price index, all urban consumers (CPI-U), published by the Bureau of Labor Statistics. If this index is discontinued, the department will designate a comparable substitute.
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