BILL · 2001–02 SESSION

HB 2061: Property tax relief

Providing property tax relief for first-time home buyers.

Summary

  • Provides that a residence owned and occupied by a first-time home buyer is exempt from taxes levied by the state for the first four assessment years subsequent to purchase by the first-time home buyer, if the income of the first-time home buyer in the first year the exemption is claimed does not exceed one hundred fifteen percent of the state median income.

From the Bill Digest (HB 2061), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 13, 2001
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Geoff Simpson (D-47)
Introduced
February 13, 2001 in the House
Last action
January 14, 2002

AN ACT Relating to property tax relief for first-time home buyers;

Sponsors

Votes

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

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. First reading, referred to Finance.

HB 2061 in other sessions

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

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