> Bill to raise real estate tax ‘absolutely’ still alive in Olympia
Bill to raise real estate tax ‘absolutely’ still alive in Olympia
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With five days left in the legislative session, one of two new tax proposals is still under consideration, according to state Democratic Rep. April Berg.
“That bill is absolutely still alive,” said Berg.
Berg’s bill would raise Washington state’s real estate excise tax for some home sellers. The bill would allow local jurisdictions to raise the rate paid by home sellers by .25 percent and the rate would be increased half a percentage point on the sale of homes worth more than $3.025 million.
READ THE FULL STORY HERE: https://www.king5.com/article/news/local/bill-real-estate-tax-olympia/281-7c198c03-d562-428a-93a3-1bc803e6a196