Bill > SJR8209

This joint resolution proposes an amendment to the Washington State Constitution to allow for property tax relief. Specifically, it would enable the legislature to create a "homestead exemption" for state property taxes on a principal residence, meaning a dollar amount of value would be exempt from taxation, and this exemption would be uniform for all qualifying homeowners. The resolution also allows the legislature to provide a "renter's credit," which would be a refund of a portion of rent paid by qualified tenants on their primary residence, with the credit amount not exceeding the value of the homestead exemption. The legislature would have the authority to set further conditions for both the homestead exemption and the renter's credit.

Budget and Finance

https://app.leg.wa.gov/billsummary?BillNumber=8209&Year=2025&Initiative=false