Plan to raise cap on property tax growth collapses in WA Legislature
Democratic state lawmakers dropped their bid Monday to repeal a voter-approved limit on property tax growth in Washington, excising one of the most controversial revenue-raising ideas they’ve pursued in this year’s legislative session. The proposal, embedded in House Bill 2049, sought to allow an increase in the growth factor from the current 1% cap to as much […]
House Democrats push 200% increase on property tax cap
OLYMPIA—Democratic state lawmakers are aiming to erase a voter-approved limit on annual property tax hikes as a way, they claim, to generate hundreds of millions of dollars for public schools and local governments. The state House Finance Committee held a hearing Tuesday on House Bill 1334 which would repeal a 1% cap on annual growth for property […]
