HB 1670 — Raising the limit factor for property taxes.

What this bill does

Changes the 101 percent revenue growth limit for local property taxes to 100 percent plus population changes and inflation, with a capped limit of 103 percent.

From the Washington State Legislature's nonpartisan staff bill analysis. Read the full analysis ↗

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Other bills sponsored by Ormsby

• SHB 1140 — Making 2023-2025 fiscal biennium operating appropriations and 2021-2023 fiscal biennium second supplemental operating appropriations.
• HB 1201 — Concerning actuarial funding of state retirement systems.
• HB 1202 — Eliminating accounts.
• ESHB 1203 — Improving the fiscal process by updating accounts administered by the office of financial management, creating new accounts including one for the opioid litigation settlement and one for the receipt of federal funds, and reenacting accounts created in the supplemental budget bill.
• SHB 1318 — Concerning retail sales tax exemptions for certain aircraft maintenance and repair.