WA People
BILL · 2021–22 SESSION

SB 5802: Property tax exemptions

Providing additional financial relief for property owners using the senior citizen and disabled persons property tax exemption and deferral programs by increasing the income thresholds and lowering the interest rate for deferred property taxes.

Summary

  • Increases each of the income thresholds for the senior citizen and disabled persons property tax exemption and deferral programs by $30,000.
  • Modifies the dates in which income thresholds must be adjusted by county median income and inflation.
  • Reduces the interest rate on deferred taxes from five percent to two percent.

From the Senate Bill Report (SB 5802), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 11, 2022
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Phil Fortunato (R-31)
Introduced
January 11, 2022 in the Senate
Last action
January 11, 2022
Budget
Has a fiscal note

AN ACT Relating to providing additional financial relief for property owners using the senior citizen and disabled persons property tax exemption and deferral programs by increasing the income thresholds and lowering the interest rate for deferred property taxes;

Sponsors

Prime sponsor: Phil Fortunato (R-31)

2 co-sponsors (1 Democrat, 1 Republican)

Jeff Holy R-6Derek Stanford D-1

Votes

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

History

  1. First reading, referred to Business, Financial Services & Trade.

SB 5802 in other sessions

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

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