Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Yo_Mama_Been_Loggin

(121,998 posts)
Tue Apr 22, 2025, 02:52 PM Tuesday

Plan to raise cap on property tax growth collapses in WA Legislature

Democratic state lawmakers dropped their bid Monday to repeal a voter-approved limit on property tax growth in Washington, excising one of the most controversial revenue-raising ideas they’ve pursued in this year’s legislative session.

The proposal, embedded in House Bill 2049, sought to allow an increase in the growth factor from the current 1% cap to as much as 3%. It would have applied to a state levy that supports schools, and for cities and counties, as well as special purpose districts.

But Rep. Steve Bergquist, D-Renton, the bill’s sponsor, penned an amendment removing sections on the growth limit. The House was expected to adopt the change and pass the bill Monday, then send it to the Senate for consideration.

Opposition from Gov. Bob Ferguson led Democratic leaders in the House and Senate to abandon the proposal despite strong backing in their caucuses, legislators and local government officials said.

https://washingtonstatestandard.com/2025/04/21/washington-democrats-abandon-property-tax-hike/

1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Plan to raise cap on property tax growth collapses in WA Legislature (Original Post) Yo_Mama_Been_Loggin Tuesday OP
Property taxes are squeezing the lower income, and its hidden. thatdemguy Tuesday #1

thatdemguy

(585 posts)
1. Property taxes are squeezing the lower income, and its hidden.
Tue Apr 22, 2025, 03:10 PM
Tuesday

Lower income most likely rent and any property tax increases get passed on to the renters. The owners get to write it off their taxes for a deduction, but there is still an added cost to the renter.

Yes property taxes need to go up as the cost for everything goes up. But maryland does it a decent way, apply for the homestead credit and in a way it locks how fast your property taxes can up. But buy a new house and you reset to the new number.

It does not apply to rental houses thou, so it get passed on to the renter, while the owner gets a tax credit.

Latest Discussions»Region Forums»Washington»Plan to raise cap on prop...