Property Tax

SB 5713 Providing a property tax exemption for limited equity cooperative housing

Intended audience: County assessors, county treasurers, taxing districts, local governments, and limited equity cooperative housing organizations.

Senate Bill 5713 provides a new exemption for real property owned by a limited equity cooperative (LEC) that provides owned housing for low-income households and changes the definition of “nonprofit” in RCW 84.36.800 to include a limited equity cooperative.

Legislative changes to the multi-family property tax exemption (MFTE)

Intended audience: County assessors, cities, counties, local governing authorities, property owners of multi-family housing, nonprofit organizations that provide housing.

The 2021 Legislature passed Engrossed Second Substitute Senate Bill 5287 (E2SSB 5287), making several changes to the multi-family housing property tax exemption. This bill is effective July 25, 2021.

Legislative changes for property tax relief programs to calculate combined disposable income

Intended audience: County assessors, property tax exemption and deferral program participants.

The 2021 Legislature passed Substitute House Bill 1438 that allows claimants to deduct additional health care related expenses when calculating their combined disposable income for the following property tax relief programs:

Legislative Update for Assessors and Treasurers - State School Levy, Enrichment Levies, and State Local Effort Assistance

The 2017 Legislature passed Engrossed House Bill 2242 (EHB 2242). Among other things, the bill modifies the state school levy, replaces school district maintenance and operation (M&O) levies with enrichment levies, replaces vehicle transportation levies with vehicle transportation enrichment levies, and creates a new maximum levy rate limit for enrichment levies. This notice is limited to a discussion of the effect the bill has on property taxes and property tax levies.

Withdrawing Land from Classification in the Current Use Program - Legislative Update

The 2017 Legislature passed Substitute House Bill (SHB) 1747, which took effect July 23, 2017.

The bill revises certain requirements for landowners who withdraw land from a current use classification in the Current Use Program (Program) under chapter 84.34 RCW.

What changes does SHB 1747 make?

The bill eliminates the requirement that an owner must give a two-year notice to withdraw land from the Program, as long as the land has been in the Program for at least 10 years.

Engrossed Substitute Senate Bill 5313 School District Enrichment Levies - Legislative Update

The 2019 Legislature passed Engrossed Substitute Senate Bill 5313 (ESSB 5313), which takes effect on July 28, 2019. This bill amends school district enrichment levy limitations, local effort assistance, school district reporting requirements to the Office of Superintendent of Public Instruction (OSPI), and the State Auditor Office’s (SAO) audit requirements.

This notice addresses school district enrichment levy limitations only.