Washington State's New Property Tax Lifeline for Seniors
Spokane News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Washington States New Law: A Lifeline for Seniors, A Shift for Others
Washington states new law, effective in 2027, offers property tax exemptions to seniors earning under $74,000 annually. This expansion could benefit an additional 4,000 to 6,000 seniors, saving them $1,900 to $2,800 yearly. However, the relief comes at a cost for other homeowners, who may see a $15 to $20 annual increase in their tax bills.
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