HOUSE JOINT RESOLUTION 4204
State of Washington | 67th Legislature | 2021 Regular Session |
ByRepresentatives Harris-Talley, Berg, Wicks, Peterson, Ortiz-Self, Simmons, Gregerson, Chapman, Berry, Frame, Thai, Pollet, Ormsby, Davis, and Ramel
Read first time 02/05/21.Referred to Committee on Finance.
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 VII of the Constitution of the state of Washington by adding a new section to read as follows:
Article VII, section . . .. Notwithstanding any other provision of this Constitution, the following tax exemption is allowed:
(1) The legislature has the power, by appropriate legislation, to provide a residential real property exemption from property taxes levied for state purposes of up to $250,000 of equalized assessed valuation on property.
(2) The legislature may provide for an annual increase to the exemption authorized in subsection (1) of this section.
(3) The legislature may place other restrictions and conditions upon granting the residential real property exemption as it deems proper.
BE IT FURTHER RESOLVED, That this amendment is a single amendment within the meaning of Article XXIII, section 1 of the state Constitution.
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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