SB 5770 – Property Tax Increase

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DEAD – Could triple local Property Tax increase

Sponsors: PedersenVan De WegeRobinsonDhingraNguyenWellmanKeiserValdezSaldañaHuntSalomonRandallClevelandWilson, C.StanfordLovickNoblesHasegawaTrudeauLiias

Status: Introduced to Committee

Summary

  • Could Triple property taxes that local governments approve.
  • Would Increase housing costs
  • Would Result in increased rents for tenants

History

2023 REGULAR SESSION

2024 REGULAR SESSION

  • Jan 8  By resolution, reintroduced and retained in present status.
  • Jan 18  Scheduled for public hearing in the Senate Committee on Ways & Means at 4:00 PM (Subject to change). (Committee Materials)

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