Bill > SB5697

This bill amends the state's property tax exemption law to expand tax relief for nonprofit organizations that provide social services. Specifically, the bill now allows property tax exemptions not only for nonprofit organizations directly providing character-building, benevolent, protective, or rehabilitative social services, but also for nonprofit properties that are loaned, leased, or rented to government entities (including federal, state, county, municipal, and tribal governments) or other nonprofits to provide such services. The bill clarifies that selling donated merchandise is considered an exempt use of property if the proceeds support the organization's mission. Additionally, the bill makes some minor technical updates to language, such as standardizing numeric representations (e.g., changing "eighteen" to "18") and updating references. The tax exemption changes will apply to taxes levied for collection in 2026 and thereafter, providing a clear timeline for implementation. The bill aims to support nonprofit organizations by offering more flexible property tax exemptions that recognize the broader ways these organizations can contribute to community social services.

Budget and Finance

https://app.leg.wa.gov/billsummary?BillNumber=5697&Year=2025&Initiative=false