FINAL BILL REPORT

HJR 4222

BYRepresentatives Holland, Appelwick, Taylor, Grimm, Silver, Braddock, Fuhrman, Bristow, Nealey, Valle, Padden, Brough, McLean, Basich, Schoon, H. Sommers, Winsley, May, B. Williams, Butterfield, Beck, Ballard, Lewis, J. Williams, Amondson, Sanders, Kremen, Betrozoff, Miller, Hine, Holm and Cooper

Increasing the head of family personal property tax exemption.

House Committe on Ways & Means/Revenue

Senate Committee on Ways & Means

AS PASSED LEGISLATURE

BACKGROUND:

Article VII, Section 1 of the Washington State Constitution provides a personal property tax exemption of $300 for each household.  The constitutional provision grants authority to the Legislature to exempt personal property to the amount of $300.

The $300 exemption was approved in 1900.

SUMMARY:

If approved by the voters, Article VII, Section 1 of the Washington State Constitution is amended to authorize the Legislature to increase the personal property tax exemption from $300 to $3,000.

VOTES ON FINAL PASSAGE:

      House 97   0

      Senate    48     1