HB 2528 — Real estate excise taxes/GMA

Summary

Creating uniformity for the process by which cities planning under the growth management act implement real estate excise taxes.

Bill Text

Compared against the Revised Code of Washington as published AI-generated reading aid — verify against the official bill.

This bill amends 1 section(s) of the Revised Code of Washington: RCW 82.46.035.

• RCW 82.46.035

  (1) Any county choosing to plan under RCW 36.70A.040(2) and any city within such a county may only adopt an ordinance imposing the excise tax authorized by this section if the ordinance is first authorized by a proposition approved by a majority of the voters of the taxing district voting on the proposition at a general election p. 1 HB 2528 held within the district or at a special election within the taxing district called by the district for the purpose of submitting such proposition to the voters. . and → each reenacted and amended to read as follows: (1) The legislative authority of any county or city must identify in the adopted budget the capital projects funded in whole or in part from the proceeds of the tax authorized in this section, and must indicate that such tax is intended to be in addition to other funds that may be reasonably available for such capital projects. (2) The legislative authority of any county or any city that plans under RCW 36.70A.040 may impose an additional excise tax on each sale of real property in the unincorporated areas of the county for the county tax and in the corporate limits of the city for the city tax at a rate not exceeding 0.25 percent of the selling price. (3) Except as⟦INS⟧ o e f sec e so i pla a d b r 992 a deb e e d p u i co t ny t pro c , a nst h i f a s g , d an n g ruc o i a i tru o i fol s n Was i e t n a c i s t ts p he ; he of --- END ---

  amended

Action History

1. February 04, 2026

   Referred to Rules 2 Review.

Sponsors

• (Springer) · Primary

Subjects