BILL · 2001–02 SESSION

SB 5011: Property tax assessment

Reducing property values by amounts spent on certain fees.

Summary

  • Provides that in valuing any tract or parcel of real property, the assessed value shall be reduced by amounts expended on mitigation fees, impact fees, or system improvement charges during the assessment year. Authorizes the department of revenue to adopt rules necessary to implement this provision.

From the Bill Digest (SB 5011), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 8, 2001
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Val Stevens (R-39)
Introduced
January 8, 2001 in the Senate
Last action
January 14, 2002
Budget
Has a fiscal note

AN ACT Relating to reducing the assessed value of property by amounts spent on mitigation fees, impact fees, and system improvement charges;

Sponsors

Prime sponsor: Val Stevens (R-39)

2 co-sponsors (0 Democrats, 2 Republicans)

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. And refer to Ways & Means.
  4. SLG - Majority; without recommendation.
  5. Referred to Ways & Means.
  6. First reading, referred to State & Local Government.
  7. Prefiled for introduction.

SB 5011 in other sessions

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

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