WA People
BILL · 2019–20 SESSION · LATEST VERSION SHB 2950

HB 2950: Housing tax exemption

Addressing affordable housing needs through the multifamily housing tax exemption by providing an extension of the exemption until January 1, 2022, for certain properties currently receiving a twelve-year exemption and by convening a work group.

Summary

  • Extends the property tax exemption, until December 31, 2021, for properties currently receiving a 12-year exemption under the multifamily property tax exemption (MFTE) that is set to expire after the effective date of the bill, but before December 31, 2021.
  • Directs the Department of Commence to contract with a nonprofit organization to convene a work group to study and make recommendations on certain aspects of the MFTE program.

From the Substitute House Bill Report (SHB 2950), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted (partial veto) Enacted with partial veto · Chapter 237, Laws of 2020
  1. IntroducedFeb 24, 2020
  2. Out of committeeMar 3, 2020
  3. Passed HouseMar 7, 2020
  4. Passed SenateMar 12, 2020
  5. Partly vetoedMar 31, 2020
  6. LawMar 31, 2020
Prime sponsor
Nicole Macri (D-43)
Introduced
February 24, 2020 in the House
Last action
March 31, 2020
Session law
Chapter 237, Laws of 2020
Budget
Has a fiscal note
Versions
HB 2950, SHB 2950

AN ACT Relating to addressing affordable housing needs through the multifamily housing tax exemption by providing an extension of the exemption until January 1, 2022, for certain properties currently receiving a twelve-year exemption and by convening a work group;

Sponsors

Prime sponsor: Nicole Macri (D-43)

1 co-sponsor (1 Democrat, 0 Republicans)

Alex Ramel D-40

Votes

House · 3rd Reading & Final Passage

Passed March 7, 2020
Version voted on: SHB 2950
93 Yea 4 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat56001
Republican37400
How each member voted

Yea (93)

Excused (1)

Permalink to this vote

Senate · 3rd Reading & Final Passage

Passed March 12, 2020
Version voted on: SHB 2950
42 Yea 7 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat27200
Republican15500
How each member voted
Permalink to this vote

History

  1. Effective date 6/11/2020. (SHB 2950)
  2. Chapter 237, 2020 Laws PV. (SHB 2950)
  3. Governor partially vetoed. (SHB 2950)
  4. Delivered to Governor. (SHB 2950)
  5. Third reading, passed; yeas, 42; nays, 7; absent, 0; excused, 0. (SHB 2950)
  6. Rules suspended. Placed on Third Reading. (SHB 2950)
  7. Speaker signed. (SHB 2950)
  8. President signed. (SHB 2950)
  9. Passed to Rules Committee for second reading. (SHB 2950)
  10. Placed on second reading by Rules Committee. (SHB 2950)
  11. Minority; without recommendation. (SHB 2950)
  12. Minority; do not pass. (SHB 2950)
  13. WM - Majority; do pass. (SHB 2950)
  14. First reading, referred to Ways & Means. (SHB 2950)
  15. Third reading, passed; yeas, 93; nays, 4; absent, 0; excused, 1. (SHB 2950)
  16. Rules suspended. Placed on Third Reading. (SHB 2950)
  17. 1st substitute bill substituted. (SHB 2950)
  18. 1st substitute bill substituted. (SHB 2950)
  19. 1st substitute bill substituted.
  20. Rules Committee relieved of further consideration. Placed on second reading. (SHB 2950)
  21. Rules Committee relieved of further consideration. Placed on second reading.
  22. Referred to Rules 2 Review. (SHB 2950)
  23. Referred to Rules 2 Review.
  24. FIN - Majority; 1st substitute bill be substituted, do pass. (SHB 2950)
  25. FIN - Majority; 1st substitute bill be substituted, do pass.
  26. First reading, referred to Finance.

HB 2950 in other sessions

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

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