S-0254.1          _______________________________________________

 

                                 SENATE BILL 5848

                  _______________________________________________

 

State of Washington              52nd Legislature             1991 Regular Session

 

By Senator Rasmussen.

 

Read first time February 26, 1991.  Referred to Committee on Law & Justice. Increasing the homestead exemption.


     AN ACT Relating to the homestead exemption; and amending RCW 6.13.030.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

 

     Sec. 1.  RCW 6.13.030 and 1987 c 442 s 203 are each amended to read as follows:

     A homestead may consist of lands, as described in RCW 6.13.010, regardless of area, but the homestead exemption amount shall not exceed the lesser of (((i))) (1) the total net value of the lands, mobile home, and improvements as described in RCW 6.13.010, or (((ii))) (2) the sum of ((thirty)) thirty-five thousand dollars.