Pierce County hearing outlines differences between HB 581 and local homestead exemption
Pierce County officials held a public hearing on HB 581, explaining that the state bill would cap annual taxable-value increases at inflation while the county's local floating exemption freezes taxable value for county and school taxes on a primary residence and up to 5 acres. No opt-out decision was recorded.
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Pierce County held a public hearing Feb. 27 on HB 581, a state bill concerning homestead exemptions, and county staff described how the proposal compares with the county's existing local exemption.
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