Providing tax relief to Washington residents impacted by the atmospheric river and winter weather event.

 S-4923.1

SUBSTITUTE SENATE BILL 6343

State of Washington

69th Legislature

2026 Regular Session

By Senate Ways & Means (originally sponsored by Senators Orwall, Conway, Kauffman, Lovelett, Nobles, Shewmake, Slatter, Wellman, and C. Wilson)

READ FIRST TIME 02/09/26.

AN ACT Relating to providing tax relief to Washington residents impacted by the atmospheric river and winter weather event; amending RCW 84.70.010 ; and creating new sections.

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

Sec. 1. RCW 84.70.010 and 2021 c 192 s 1 are each amended to read as follows:

(1) If, on or before December 31 st in any calendar year, any real or personal property placed upon the assessment roll of that year is destroyed in whole or in part, or is in an area that has been declared a disaster area by the governor or the county legislative authority and has been reduced in value by more than twenty percent as a result of a natural disaster, the true and fair value of such property shall be reduced for that assessment year by an amount determined by taking the true and fair value of such taxable property before destruction or reduction in value and deduct therefrom the true and fair value of the remaining property after destruction or reduction in value.