WA People
BILL · 2025–26 SESSION · LATEST VERSION SSB 5647

SB 5647: Affordable housing/REET

Providing a real estate excise tax exemption for the sale of qualified affordable housing.

Summary

  • Expands the real estate excise tax exemption for self-help housing to include any type of ownership housing provided by an affordable homeownership facilitator to low-income households.

From the Substitute Senate Bill Report (SSB 5647), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed Senate, stalled in House
  1. IntroducedFeb 3, 2025
  2. Out of committeeFeb 28, 2025
  3. Passed SenateApr 19, 2025
  4. Passed Housestopped here
  5. Governor
  6. Law
Prime sponsor
Emily Alvarado (D-34)
Introduced
February 3, 2025 in the Senate
Last action
March 12, 2026
Budget
Has a fiscal note
Versions
SB 5647, SSB 5647

AN ACT Relating to providing a real estate excise tax exemption for the sale of qualified affordable housing;

Sponsors

Prime sponsor: Emily Alvarado (D-34)

4 co-sponsors (4 Democrats, 0 Republicans)

Noel Frame D-36Rebecca Saldaña D-37Yasmin Trudeau D-27Javier Valdez D-46

Votes

Senate · 3rd Reading & Final Passage

Passed April 19, 2025
Version voted on: SB 5647
39 Yea 9 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat29001
Republican10900
How each member voted

Excused (1)

Permalink to this vote

Senate · 3rd Reading & Final Passage

Passed February 28, 2026
Version voted on: SSB 5647
38 Yea 11 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat29100
Republican91000
How each member voted
Permalink to this vote

History

  1. By resolution, returned to Senate Rules Committee for third reading. (SSB 5647)
  2. First reading, referred to Finance. (SSB 5647)
  3. Third reading, passed; yeas, 38; nays, 11; absent, 0; excused, 0. (SSB 5647)
  4. Rules suspended. Placed on Third Reading. (SSB 5647)
  5. 1st substitute bill substituted. (SSB 5647)
  6. Rules suspended. (SSB 5647)
  7. Returned to second reading for amendment. (SSB 5647)
  8. Returned to second reading for amendment.
  9. Rules suspended.
  10. 1st substitute bill substituted.
  11. Placed on third reading by Rules Committee. (SSB 5647)
  12. Placed on third reading by Rules Committee.
  13. Passed to Rules Committee for third reading. (SSB 5647)
  14. Passed to Rules Committee for third reading.
  15. Minority; without recommendation. (SSB 5647)
  16. WM - Majority; 1st substitute bill be substituted, do pass. (SSB 5647)
  17. WM - Majority; 1st substitute bill be substituted, do pass.
  18. Minority; without recommendation.
  19. Rules Committee relieved of further consideration. On motion, referred to Ways & Means.
  20. By resolution, reintroduced and retained in present status.
  21. By resolution, returned to Senate Rules Committee for third reading.
  22. First reading, referred to Finance.
  23. Third reading, passed; yeas, 39; nays, 9; absent, 0; excused, 1.
  24. Rules suspended. Placed on Third Reading.
  25. On motion, referred to Rules.
  26. Placed on second reading by Rules Committee.
  27. Senate Rules "X" file.
  28. Placed on second reading by Rules Committee.
  29. Passed to Rules Committee for second reading.
  30. Minority; without recommendation.
  31. Minority; do not pass.
  32. WM - Majority; do pass.
  33. First reading, referred to Ways & Means.

SB 5647 in other sessions

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

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