Loading chat...
WA SB5398
Bill
Status
Introduced
1/21/2025
Primary Sponsor
Steven Conway
Click for details
AI Summary
- Creates a new property tax exemption program specifically for veterans receiving VA disability compensation, separate from the existing senior/disabled exemption program
- Establishes tiered exemption amounts based on VA disability rating: 10-29% rating receives up to $5,000 exemption, 30-49% up to $7,500, 50-69% up to $10,000, and 70-100% up to $12,000 from property value
- Veterans rated 100% disabled with individual unemployability receive full exemption from taxation on their entire residence homestead value
- Removes veterans with 80%+ combined service-connected disability ratings from the existing income-based senior/disabled exemption program (RCW 84.36.381), placing them under the new disability-rating-based system instead
- Requires annual inflation adjustments to exemption amounts beginning January 1, 2026, based on Seattle-area consumer price index
Legislative Description
Concerning property tax exemptions for veterans with disabilities.
Last Action
By resolution, reintroduced and retained in present status.
1/12/2026
Committee Referrals
Ways & Means1/21/2025
Full Bill Text
No bill text available