Bill > HB2442

This bill expands the tax resources and funding flexibility for local governments by amending several Revised Code of Washington (RCW) sections. It allows counties and cities to impose an additional excise tax on real property sales for capital projects, including those for homelessness and affordable housing, and also permits the use of these funds for nuisance property abatement. Additionally, it introduces a new local sales and use tax, capped at 0.01 percent, specifically for providing additional services to children and families, such as childcare, perinatal support, and youth services. The bill also adjusts the rates and uses for existing sales and use taxes dedicated to housing and related services, allowing for broader applications like rehabilitation and rental assistance, and clarifies rules for county and city tax coordination. Furthermore, it makes changes to property tax limitations, allowing for increased levies for county public health clinic operations, maintenance, and capital expenses, and provides flood control zones with the ability to offer recovery assistance to households and businesses impacted by floods. Some provisions have specific effective and expiration dates, with certain sections taking effect in 2027 and others expiring then.

Budget and Finance

https://app.leg.wa.gov/billsummary?BillNumber=2442&Year=2025&Initiative=false