Washington SB6343 provides tax relief to residents impacted by atmospheric river and winter weather events.

Washington SB6343 offers tax relief to residents affected by atmospheric river and winter weather events. It exempts physical improvements to qualifying single-family dwellings from taxation for three assessment years. The bill also allows for abatement of taxes for property reduced in value by more than 20% due to natural disasters. It applies to taxes levied for collection in 2027 and thereafter, with sections 2 and 3 taking effect October 1, 2026. The tax relief expires July 1, 2031.

Washington SB6343 provides tax relief to residents impacted by atmospheric river and winter weather events.

Washington SB6343 offers tax relief to residents affected by atmospheric river and winter weather events. It exempts physical improvements to qualifying single-family dwellings from taxation for three assessment years. The bill also allows for abatement of taxes for property reduced in value by more than 20% due to natural disasters. It applies to taxes levied for collection in 2027 and thereafter, with sections 2 and 3 taking effect October 1, 2026. The tax relief expires July 1, 2031.