States / Washington / SB 5770

SB 5770 Reported from Committee

Providing housing safety, security, and protection by creating the primary residence property tax exemption.

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Substitute Bill — · 4.5K words Open full page ↗

 S-1936.2

SUBSTITUTE SENATE BILL 5770

State of Washington

69th Legislature

2025 Regular Session

By Senate Ways & Means (originally sponsored by Senators Robinson, Cleveland, Conway, Cortes, Dhingra, Frame, Hasegawa, Kauffman, Krishnadasan, Liias, Nobles, Pedersen, Riccelli, Saldaña, Slatter, Stanford, Trudeau, Valdez, and C. Wilson)

READ FIRST TIME 02/28/25.

AN ACT Relating to providing housing safety, security, and protection by creating the primary residence property tax exemption; amending RCW 84.48.010 ; adding new sections to chapter 84.36 RCW; creating new sections; and providing a contingent effective date.

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

NEW SECTION. Sec. 1. (1) The legislature finds that housing security is important to all Washingtonians.

(2) The legislature further finds that homeownership is the main mechanism for creating wealth for the middle class and working families and passing it on generationally.

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