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WA SB5697
Bill
Status
3/12/2025
Primary Sponsor
Vandana Slatter
Click for details
AI Summary
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Expands property tax exemption to cover nonprofit-owned property that is loaned, leased, or rented to government entities (federal, state, county, municipal, or federally recognized Indian tribes) or other nonprofits when used for character-building, benevolent, protective, or rehabilitative social services
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Changes treatment of donated merchandise sales from nonexempt to exempt use, provided proceeds further the nonprofit organization's exempt purposes
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Eligible government users include the United States, Washington State, counties, municipal corporations, and federally recognized Indian tribes located in the state
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Applies to property taxes levied for collection beginning in 2026 and thereafter
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Exempts this tax preference from the standard tax preference review requirements under RCW 82.32.805 and 82.32.808
Legislative Description
Providing a property tax exemption for property owned by a qualifying nonprofit organization and loaned, leased, or rented to and used by any government entity to provide character-building, benevolent, protective, or rehabilitative social services.
Last Action
Senate Rules "X" file.
1/12/2026