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WA HB2697

Bill

Official Source

Status

Introduced

1/28/2026

Primary Sponsor

Zach Hall

Click for details

Origin

House of Representatives

2025-2026 Regular Session

AI Summary

  • Expands eligibility for historic preservation property tax special valuation extensions by removing the requirement that properties be located in distressed counties as designated by the Employment Security Department
  • Properties in cities with populations under 20,000 remain eligible for two seven-year extensions of the special valuation if they continue meeting historic property criteria under RCW 84.26.030
  • Extensions must be applied for at least 90 days before the current special valuation expires and are subject to local review board approval
  • No extensions may be granted under this provision on or after January 1, 2057
  • Amends the tax preference performance statement to include this act, with the stated policy objective of promoting revitalization of historic properties

Legislative Description

Expanding the eligibility for historic preservation property tax special valuation.

Last Action

First reading, referred to Finance.

1/28/2026

Committee Referrals

Finance1/28/2026

Full Bill Text

No bill text available