Washington HB2621 expands property tax relief for retired persons and modifies tax collection procedures.

Washington HB2621 expands and streamlines the property tax relief program for retired persons by adjusting income thresholds and modifying exemption criteria. It introduces new income thresholds based on county median household income and adjusts the valuation of residences for tax purposes. The bill also mandates that property tax statements list the state property tax as the state school levy and requires electronic billing and payment options for taxpayers.

Washington HB2621 expands property tax relief for retired persons and modifies tax collection procedures.

Washington HB2621 expands and streamlines the property tax relief program for retired persons by adjusting income thresholds and modifying exemption criteria. It introduces new income thresholds based on county median household income and adjusts the valuation of residences for tax purposes. The bill also mandates that property tax statements list the state property tax as the state school levy and requires electronic billing and payment options for taxpayers.