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WA SB5020
Bill
Status
Introduced
1/13/2025
Primary Sponsor
Phil Fortunato
Click for details
AI Summary
- Property owners aged 75 or older receive full exemption from all state and local property taxes on their principal residence, with no income limits
- Exemption begins for taxes due in the year following the claim filing, continuing each year thereafter
- Exemption can be transferred to a replacement residence if the owner sells, transfers, or is displaced from their home
- Confinement to a hospital, nursing home, or assisted living facility does not disqualify the exemption if the residence is temporarily unoccupied, occupied by a spouse/dependent, or rented to pay care costs
- Applies to taxes levied for collection in 2026 and thereafter
Legislative Description
Providing property tax relief to senior citizens.
Last Action
By resolution, reintroduced and retained in present status.
1/12/2026
Committee Referrals
Ways & Means1/13/2025
Full Bill Text
No bill text available