Bill > HB1179

This bill amends property tax exemption rules for senior citizens and disabled veterans by modifying the existing property tax valuation freeze provisions. The bill maintains current exemption eligibility for individuals who are 61 years or older, retired due to disability, or veterans with specific service-connected disability ratings. The key change allows qualifying individuals to maintain their property tax exemption regardless of income level, which is a significant shift from the previous income-based restrictions. The bill preserves the ability to transfer the exemption to a new residence and continues to provide protections for individuals temporarily living in care facilities. For those who qualify, the property's assessed value will be frozen at its value when the person first became eligible for the exemption, with provisions that prevent the frozen valuation from exceeding the property's true market value. The bill also ensures that any new improvements to the property will be added to the assessed value at their full market value. Importantly, these changes will apply to property taxes levied for collection in 2026 and subsequent years, providing long-term tax relief for seniors and disabled veterans.

Budget and Finance

https://app.leg.wa.gov/billsummary?BillNumber=1179&Year=2025&Initiative=false