S-1086.1  _______________________________________________

 

                   SENATE JOINT RESOLUTION 8211

          _______________________________________________

 

State of Washington      57th Legislature     2001 Regular Session

 

By Senators Hargrove, Patterson, Franklin, B. Sheldon, Snyder, Spanel, Costa, T. Sheldon, Prentice, McAuliffe, McCaslin, Gardner, Winsley, Haugen, Rasmussen and Constantine

 

Read first time 02/02/2001.  Referred to Committee on Ways & Means.

Authorizing taxpayer tax exemptions from and credits against the state property tax.


    BE IT RESOLVED, BY THE SENATE AND HOUSE OF REPRESENTATIVES OF THE STATE OF WASHINGTON, IN LEGISLATIVE SESSION ASSEMBLED:

    THAT, At the next general election to be held in this state the secretary of state shall submit to the qualified voters of the state for their approval and ratification, or rejection, an amendment to Article 7 of the Constitution of the state of Washington by adding a new section to read as follows:

 

    Article 7, section . . .  (1) Notwithstanding any other provision of this Constitution, the legislature may, by appropriate legislation, grant to property owners an exemption from property taxes levied for state purposes equal to fifty thousand dollars of valuation and a credit from property taxes levied for state purposes equal to the state property tax on fifty thousand dollars of valuation, to be applied to property owned by the taxpayer beginning with taxes payable in 2003.

    (2) The legislature may provide for an increase in either or both the exemption and the credit each year after 2003 by the change in state personal income for the previous year.

    (3) The exemption and credit authorized in this section are in addition to any tax relief under Article VII, section 10.

 

    BE IT FURTHER RESOLVED, That the secretary of state shall cause notice of this constitutional amendment to be published at least four times during the four weeks next preceding the election in every legal newspaper in the state.

 


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