BILL · 2023–24 SESSION

HB 2063: Homebuyers/REET exemption

Providing an exemption from the real estate excise tax for transfers of property to qualifying low-income first-time homebuyers.

Summary

  • Provides a real estate excise tax exemption for the sale of a single-family unit to a person who is a first-time homebuyer as defined for the purposes of the Washington State Housing Finance Commission and who is receiving publicly funded down payment assistance.

From the House Bill Analysis 2024 (HB 2063), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 8, 2024
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Sharon Wylie (D-49)
Introduced
January 8, 2024 in the House
Last action
January 8, 2024
Budget
Has a fiscal note

AN ACT Relating to an exemption from the real estate excise tax for transfers of property to qualifying low-income first-time homebuyers;

Sponsors

Votes

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

History

  1. First reading, referred to Finance.
  2. Prefiled for introduction.

HB 2063 in other sessions

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

Report wrong or missing information on this page