WA People
BILL · 2021–22 SESSION · LATEST VERSION E2SSB 5287

SB 5287: Afford. housing incentives

Concerning affordable housing incentives.

Summary

  • Authorizes a 12-year extension of existing 8-year and 12-year Multi-Family Property Tax Exemptions (MFTEs) that are set to expire if they meet certain affordability requirements.
  • Establishes a new 20-year property tax exemption for the creation of permanently affordable homes.
  • Temporarily expands the definition of a city not otherwise eligible for the 12- year MFTE and the 20- year exemption for permanently affordable homes to include all cities until December 31, 2031 .

From the Engrossed Second Substitute Senate Bill Report (E2SSB 5287), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 187, Laws of 2021
  1. IntroducedJan 19, 2021
  2. Out of committeeFeb 22, 2021
  3. Passed SenateMar 2, 2021
  4. Passed HouseApr 10, 2021
  5. GovernorMay 3, 2021
  6. LawMay 3, 2021
Prime sponsor
Senator (D-47)
Introduced
January 19, 2021 in the Senate
Last action
May 3, 2021
Session law
Chapter 187, Laws of 2021
Budget
Has a fiscal note
Versions
SB 5287, SSB 5287, E2SSB 5287

AN ACT Relating to affordable housing incentives;

Sponsors

Prime sponsor: Senator (D-47)

10 co-sponsors (10 Democrats, 0 Republicans)

Patty Kuderer D-48Steve Conway D-29Karen Keiser D-33Marko Liias D-21Joe Nguyen D-34T'wina Nobles D-28Jamie Pedersen D-43Emily Randall D-26Jesse Salomon D-32Claire Wilson D-30

Votes

Senate · 3rd Reading & Final Passage

Passed March 2, 2021
Version voted on: E2SSB 5287
43 Yea 5 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat26300
Republican17201
How each member voted

Excused (1)

Permalink to this vote

House · Final Passage as Amended by the House

Passed April 10, 2021
Version voted on: E2SSB 5287
81 Yea 16 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat54300
Republican271301
How each member voted

Yea (81)

Excused (1)

Permalink to this vote

Senate · Final Passage as Amended by the House

Passed April 14, 2021
Version voted on: E2SSB 5287
41 Yea 7 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat28100
Republican13601
How each member voted

Excused (1)

Permalink to this vote

History

  1. Effective date 7/25/2021. (E2SSB 5287)
  2. Chapter 187, 2021 Laws. (E2SSB 5287)
  3. Governor signed. (E2SSB 5287)
  4. Delivered to Governor. (E2SSB 5287)
  5. Speaker signed. (E2SSB 5287)
  6. President signed. (E2SSB 5287)
  7. Passed final passage; yeas, 41; nays, 7; absent, 0; excused, 1. (E2SSB 5287)
  8. Senate concurred in House amendments. (E2SSB 5287)
  9. Third reading, passed; yeas, 81; nays, 16; absent, 0; excused, 1. (E2SSB 5287)
  10. Rules suspended. Placed on Third Reading. (E2SSB 5287)
  11. Committee amendment(s) adopted as amended. (E2SSB 5287)
  12. Rules Committee relieved of further consideration. Placed on second reading. (E2SSB 5287)
  13. Referred to Rules 2 Review. (E2SSB 5287)
  14. FIN - Executive action taken by committee. (E2SSB 5287)
  15. Minority; without recommendation. (E2SSB 5287)
  16. Minority; do not pass. (E2SSB 5287)
  17. FIN - Majority; do pass with amendment(s). (E2SSB 5287)
  18. First reading, referred to Finance. (E2SSB 5287)
  19. Third reading, passed; yeas, 43; nays, 5; absent, 0; excused, 1. (E2SSB 5287)
  20. Rules suspended. Placed on Third Reading. (E2SSB 5287)
  21. Floor amendment(s) adopted. (E2SSB 5287)
  22. 2nd substitute bill substituted. (E2SSB 5287)
  23. 2nd substitute bill substituted. (SSB 5287)
  24. 2nd substitute bill substituted.
  25. Placed on second reading by Rules Committee. (E2SSB 5287)
  26. Placed on second reading by Rules Committee. (SSB 5287)
  27. Placed on second reading by Rules Committee.
  28. Minority; do not pass. (E2SSB 5287)
  29. Minority; without recommendation. (E2SSB 5287)
  30. WM - Majority; 2nd substitute bill be substituted, do pass. (E2SSB 5287)
  31. Passed to Rules Committee for second reading. (E2SSB 5287)
  32. WM - Majority; 2nd substitute bill be substituted, do pass. (SSB 5287)
  33. Minority; without recommendation. (SSB 5287)
  34. Minority; do not pass. (SSB 5287)
  35. Passed to Rules Committee for second reading. (SSB 5287)
  36. Minority; do not pass.
  37. Minority; without recommendation.
  38. WM - Majority; 2nd substitute bill be substituted, do pass.
  39. Passed to Rules Committee for second reading.
  40. Referred to Ways & Means. (SSB 5287)
  41. Referred to Ways & Means.
  42. And refer to Ways & Means. (SSB 5287)
  43. Minority; without recommendation. (SSB 5287)
  44. HLG - Majority; 1st substitute bill be substituted, do pass. (SSB 5287)
  45. HLG - Majority; 1st substitute bill be substituted, do pass.
  46. Minority; without recommendation.
  47. And refer to Ways & Means.
  48. First reading, referred to Housing & Local Government.

SB 5287 in other sessions

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

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