SB 702

Directs Legislative Revenue Officer to study land value taxation and submit report to interim legislative committees related to revenue.

Status	In House Committee (HREV)
Session	2019 Regular Session
Requested by	(at the request of Common Ground OR-WA)
Sponsors	Brian Boquist (Republican) (Chief), Alissa Keny-Guyer (Democrat)
Fiscal impact	Has minimal fiscal impact
Revenue impact	No revenue impact

Bill Text

Introduced

Directs the Legislative Revenue Officer to study land value taxation as an alternative property tax system.

Original Bill Text

Sponsors#

Chief Sponsors: Brian Boquist

Overview#

Directs Legislative Revenue Officer to study land value taxation and submit report to interim legislative committees related to revenue. Defines “land value taxation” to mean property tax system that imposes higher uniform rate of tax on land assessments than on improvement assessments. Takes effect on 91st day following adjournment sine die.

Legislative History

Date	Chamber	Action
2019-01-29	S	Introduction and first reading. Referred to President's desk.
2019-01-30	S	Referred to Finance and Revenue, then Ways and Means.
2019-02-21	S	Public Hearing held.
2019-03-26	S	Work Session held.
2019-04-02	S	Recommendation: Do pass and subsequent referral to Ways and Means be rescinded.
2019-04-02	S	Subsequent referral rescinded by order of the President.
2019-04-02	S	Second reading.
2019-04-04	S	Third reading. Carried by Boquist. Passed.
2019-04-08	H	First reading. Referred to Speaker's desk.
2019-04-15	H	Referred to Revenue.
2019-06-30	H	In committee upon adjournment.