Bill > SB5398

This bill provides enhanced property tax exemptions for veterans with disabilities by creating a new, more comprehensive property tax relief program. Under the new law, veterans with service-connected disabilities can receive property tax exemptions based on their disability rating: veterans with a 10-29% disability rating can receive up to $5,000 exemption, those with 30-49% can receive up to $7,500, veterans with 50-69% can receive up to $10,000, and those with 70-100% disability can receive up to $12,000 in property tax exemptions. Veterans rated 100% disabled or with individual unemployability may be completely exempt from property taxes on their primary residence. The bill also includes provisions for surviving spouses of disabled veterans who were receiving the exemption at the time of the veteran's death. Additionally, the exemption amounts will be adjusted annually for inflation beginning in January 2026, using the consumer price index for the Seattle area. The legislation amends multiple existing state laws to implement these changes and ensure consistent application of the new veterans' property tax exemption across different statutes.

Budget and Finance

https://app.leg.wa.gov/billsummary?BillNumber=5398&Year=2025&Initiative=false