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Bill > HB1560


WA HB1560

Providing property tax relief by expanding eligibility for the senior citizen and disabled veterans' property tax exemption program.


summary

Introduced
01/24/2023
In Committee
01/24/2023
Crossed Over
Passed
Dead
04/12/2024

Introduced Session

2023-2024 Regular Session

Bill Summary

AN ACT Relating to providing property tax relief by expanding 2 eligibility for the senior citizen and disabled veterans' property 3 tax exemption program; amending RCW 84.36.383, 84.36.385, and 4 84.38.020; adding a new section to chapter 84.36 RCW; creating a new 5 section; and providing an expiration date. 6

AI Summary

This bill expands eligibility for the senior citizen and disabled veterans' property tax exemption program. It: 1. Adjusts the "income thresholds" (combined disposable income limits) for the exemption over time, increasing them gradually and tying them to a percentage of the county median household income. This will allow more seniors and disabled veterans to qualify for the exemption. 2. Requires the Department of Revenue to establish a grant program to support local assessors in publicizing the exemption program. 3. Directs the Department of Revenue to convene a work group to examine best practices and make recommendations to improve the service-connected veterans and senior citizens property tax exemptions. The overall goal is to provide more property tax relief to eligible senior citizens and disabled veterans by expanding the eligibility criteria for the exemption program.

Committee Categories

Budget and Finance

Sponsors (9)

Last Action

By resolution, reintroduced and retained in present status. (on 01/08/2024)

bill text


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