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

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Substitute Bill — · 2.7K words Open full page ↗

S-2001.1

SUBSTITUTE SENATE BILL 5771

State of Washington

69th Legislature

2025 Regular Session

By Senate Ways & Means (originally sponsored by Senators Robinson, Cleveland, Cortes, 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 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 ; creating new sections; and providing a contingent effective date.

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.

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PASSAGE PROBABILITY

22.3% Unlikely

Why this number

Stage base Reported from Committee — base rate 42%, measured from WA's completed sessions
Momentum +2 60/100 from the pace of recorded action
Time since last action -22 273 days quiet

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