When land which has been classified under this chapter as open space land, farm and agricultural land, or timberland is applied to some other use, except through compliance with RCW 84.34.070, or except as a result solely from any one of the conditions listed in RCW 84.34.108(6), the owner shall within 60 days notify the county assessor of such change in use and additional real property tax shall be imposed upon such land in an amount equal to the sum of the following:

(1) The total amount of the additional tax and applicable interest due under RCW 84.34.108; plus

(2) Except as provided in RCW 84.34.108(4)(c), a penalty amounting to 20 percent of the amount determined in subsection (1) of this section.

Savings—Tax preference performance statement exemption—Automatic expiration date exemption—2025 c 138: See notes following RCW 84.34.108.

Part headings not law—1999 sp.s. c 4: See note following RCW 77.85.180.