Senator Linda Evans Parlette sponsors legislation requiring Annual Property Revaluations and Limiting Property Taxation
Senator Linda Evans Parlette has also already been active this session on the property tax issue as well. She is the prime sponsor on Senate Bill 5099 which requires annual revaluations of property for property tax purposes. She is also a cosponsor of Senate Bill 5000 limiting property taxation.
Language from Senate Bill 5099 that would eliminate the fluctuations in valuations seen in Chelan County caused by the current system of revaluation every 4 years includes “Not later than January 1, 2014, all taxable real property within a county shall be revalued annually and all taxable real property within a county shall be physically inspected at least once each six years.”
Senate Bill 5000 sounds very similar to the approach taken by a Chelan area group, WA Voters for Fair Property Tax. From the bill itself “The intent of this act is to provide property tax relief by setting base years for property tax valuation computation and limiting property tax valuation increases to one percent per year over the base year until ownership of the property changes on owner-occupied property claimed as a principal place of residence.”
There is certainly a bunch of activity on property taxes this year! Legislators as well as initiative creators are all working to change, or eliminate portions of, property taxes. By clicking on Senator Parlette-Evan’s picture above, you will be taken to her web site which will show you all of the bills she is at work on for her constituents.
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