WA People
BILL · 1993–94 SESSION

SB 5954: Property tax valuation limit

Limiting the increase of assessed value for property.

Summary

  • Provides property tax relief for homeowners whose home values increase at a rate higher than other components of the economy. Establishes procedures to calculate the property tax assessment. Requires reimbursement to a taxing district from the state general fund.

From the Bill Digest (SB 5954), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedMar 4, 1993
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Marcus Gaspard (D-25)
Introduced
March 4, 1993 in the Senate
Last action
March 11, 1994

Sponsors

Prime sponsor: Marcus Gaspard (D-25)

3 co-sponsors (2 Democrats, 1 Republican)

Rosa Franklin D-29Marilyn Rasmussen D-2Peter von Reichbauer R-30

Votes

No recorded floor votes. This measure never reached a floor vote.

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

SB 5954 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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