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States / Washington / SB 6316

SB 6316 In Committee

Creating a homestead exemption for seniors, persons retired due to disability, and veterans with disabilities.

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 S-3800.2

SENATE BILL 6316

State of Washington

69th Legislature

2026 Regular Session

By Senators McCune and J. Wilson

Read first time 01/27/26. Referred to Committee on Ways & Means.

AN ACT Relating to creating a homestead exemption for seniors, persons retired due to disability, and veterans with disabilities; adding a new section to chapter 84.36 RCW; and creating new sections.

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

NEW SECTION. Sec. 1. A new section is added to chapter 84.36 RCW to read as follows:

(1)(a) Subject to the conditions in this section, a portion of the assessed value of a residence is exempt from property taxation. For taxes levied for collection in 2027 and thereafter, the homestead exemption is equal to $150,000 of the assessed value of a residence for persons who have a combined disposable income equal to or less than $65,000. The person claiming the exemption must be:

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