HB1672 – Exempts local property tax increases for conservation futures from RCW 84.55.010’s limits on local levies.
Prime Sponsor – Representative Wylie (D; 49th District; Vancouver)
Current status – Had a hearing in Finance January 18th. Still in committee at cutoff.
Next step would be – Dead bill.
Legislative tracking page for the bill.

Summary –
The bill would exempt local property tax increases for conservation futures from RCW 84.55.010’s limits on local levies.  (That limits a local levy to the amount of the largest property tax in a district during the most recent three years, adjusted for various factors like increased assessed values, times one of several limit factors which depend on the district but are often 1%.)