This bill establishes a property tax exemption for adult family homes that serve individuals with intellectual or developmental disabilities and are owned by nonprofit organizations. It amends existing laws, specifically RCW 84.36.042 and RCW 84.36.805, to clarify that all real and personal property owned or leased by a nonprofit for housing eligible persons with developmental disabilities is exempt from property taxation. The bill includes provisions that allow these properties to be leased or subject to service agreements with adult family home providers without affecting the nonprofit status of the operator. Additionally, it specifies that the housing must be occupied by low-income individuals and outlines the definitions of "developmental disability," "eligible person," and "low income."

The bill also includes new sections that set an effective date for the tax exemption starting January 1, 2024, and establishes an expiration date for certain provisions on January 1, 2033. It clarifies that specific existing tax regulations do not apply to this act, ensuring that the new exemption is distinct from other tax laws. Overall, the legislation aims to support nonprofit organizations providing essential housing services to individuals with developmental disabilities by alleviating their property tax burdens.

Statutes affected:
Original Bill: 84.36.042, 84.36.805