Increasing the working families' tax credit to reflect the economic impact of property taxes incorporated into rental amounts charged to residential tenants.

 H-1626.1

HOUSE BILL 2025

State of Washington

69th Legislature

2025 Regular Session

By Representatives Berg, Ramel, Taylor, Ryu, Nance, Rule, Fosse, Salahuddin, Parshley, Hill, Thomas, and Cortes

Read first time 02/25/25. Referred to Committee on Finance.

AN ACT Relating to increasing the working families' tax credit to reflect the economic impact of property taxes incorporated into rental amounts charged to residential tenants; amending RCW 82.08.0206 ; and creating new sections.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

Sec. 1. RCW 82.08.0206 and 2024 c 3 s 1 are each amended to read as follows:

(1) A working families' tax credit, funded by sales and use tax imposed, is provided to eligible low-income persons for calendar years beginning on or after January 1, 2022. The credit is refundable and is calculated as provided in this section.