HB 1739 - DIGEST

Finds that, in the state of Washington, school funding for construction bonds, as well as maintenance and operation levies is derived solely from property taxes at the local level. Tax benefits given to businesses as location incentives often include property tax reductions or forgiveness, which has the effect of burdening other taxpayers in the district with higher rates and taxes. The legislature recognizes that it is the paramount duty of the state to adequately educate our children and finds that this responsibility should be shared as broadly as possible among its taxpayers.