Updated: 3/21/2024
Bills that affect property tax passed in 2024 legislative session:
| Bill number | Brief Summary | Effective Date |
|---|---|---|
| SHB 1818 | Concerning the exclusion of compensating tax when land is sold to a governmental entity intending to manage the land similarly to designated forestland or timberland. | 6/6/2024 |
| SHB 2012 | Concerning eligibility for a property tax exemption for nonprofits providing affordable rental housing built with city and county funds. | 6/6/2024 |
| 2SHB 2014 | Concerning the definition of veteran and restoring honor to veterans. | 6/6/2024 |
| HB 2044 | Standardizing limitations on voter-approved property tax levies. | 6/6/2024 |
| SHB 2348 | Concerning hospital funding. | 6/6/2024 |
| E2SHB 2354 | Creating an option for impacted taxing districts to provide a portion of their new revenue to support any tax increment area proposed within their jurisdiction and clarifying that a tax increment area must be dissolved when all bond obligations are paid. | 6/6/2024 |
| HB 2375 | Including an accessory dwelling unit under property that qualifies for the senior citizens property tax exemption. | 6/6/2024 |
| Expanding the homeownership development property tax exemption to include real property sold to low-income households for building residences using mutual self-help housing construction. | 6/6/2024 | |
| E2SSB 6175 | Concerning housing affordability tax incentives for existing structures. | 6/6/2024 |
| SB 6238 | Updating thresholds for the property tax exemption for widows and widowers of honorably discharged veterans. | 6/6/2024 |