BILL · 2011–12 SESSION

HB 1598: Real estate excise tax

Concerning county and city additional real estate excise tax authority.

Summary

Allows proceeds collected from a locally-imposed real estate excise tax (REET) to be used for maintenance and operation expenditures.
Removes a provision that requires counties that opted to fully plan under the Growth Management Act (and the cities within) to obtain voter approval before imposing a REET within their jurisdiction.
Expands the list of capital projects upon which REET proceeds can be used to include recreational facilities, law enforcement facilities, and other specified facilities and projects.

From the House Bill Analysis 2011 (HB 1598), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee

AN ACT Relating to county and city additional real estate excise tax authority;

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

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

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