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New Bill Exempts Real Estate Excise Tax for Real Property Sales or Transfers for Affordable Housing

The Washington legislature recently passed a bill expanding affordable housing tax exemptions. HB 1643 was signed into law by Governor Inslee on March 30, 2022 and will exempt from the real estate excise tax a sale or...more

Washington Lawmakers Pass Bills Expanding Property and Excise Tax Exemptions for Affordable Housing—Property Tax Bill Survives

The Washington legislature recently passed two bills expanding affordable housing tax exemptions. Governor Inslee signed SHB 2384, revising the property tax exemption for low-income housing. He vetoed SHB 2634 that would have...more

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