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Committee hears HB 23 76 to expand property-tax relief for seniors and veterans
Summary
House Bill 23 76 would consolidate two state school levies, raise income thresholds for partial property-tax exemptions for seniors/disabled/veterans by 10 percentage points, add a standard deduction for disposable income, and change statement labeling. Supporters say it will expand access; some testifiers warned of tax-shift effects and caps that could harm seniors in high-value counties.
A proposal to reshape parts of Washington’s property-tax relief system for seniors, people with disabilities and veterans was the subject of a lengthy House Finance Committee hearing on Feb. 4.
House Bill 23 76 would combine the two existing state school levies into a single levy and set an initial 2027 rate described in the bill text. The bill raises county median income thresholds that determine eligibility by 10 percentage points, increases the share of assessed value that may be exempted for qualifying households, and provides a standard deduction ($7,500 for a claimant, plus $7,500 for a spouse or domestic…
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