Bill Summary – FastDemocracy

H-0980.1
                           HOUSE JOINT RESOLUTION 4206
     State of Washington         68th Legislature        2023 Regular Session
     By Representatives Leavitt, Christian, Couture, Rule, Low, Orwall,
     Hutchins, Springer, Dent, Duerr, Schmidt, Shavers, Barnard, Walen,
     Timmons, Ryu, Bronoske, Chapman, Santos, and Cheney
     Read first time 02/06/23.   Referred to Committee on Finance.
      BE IT RESOLVED, BY THE SENATE AND HOUSE OF REPRESENTATIVES OF THE
  STATE OF WASHINGTON, IN LEGISLATIVE SESSION ASSEMBLED:
      THAT, At the next general election to be held in this state the
  secretary of state shall submit to the qualified voters of the state
  for their approval and ratification, or rejection, an amendment to
  Article VII, section 1 of the Constitution of the state of Washington
  to read as follows:
     Article VII, section 1. The power of taxation shall never be
 suspended, surrendered or contracted away. All taxes shall be uniform
 upon the same class of property within the territorial limits of the
 authority levying the tax and shall be levied and collected for
 public purposes only. The word "property" as used herein shall mean
 and include everything, whether tangible or intangible, subject to
 ownership. All real estate shall constitute one class: Provided, That
 the legislature may tax mines and mineral resources and lands devoted
 to reforestation by either a yield tax or an ad valorem tax at such
 rate as it may fix, or by both. Such property as the legislature may
 by general laws provide shall be exempt from taxation. Property of
 the United States and of the state, counties, school districts and
 other municipal corporations, and credits secured by property
 actually taxed in this state, not exceeding in value the value of
 such property, shall be exempt from taxation. The legislature shall
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 have power, by appropriate legislation, to exempt personal property
 to the amount of ((fifteen thousand ($15,000.00))) forty thousand
 dollars ((for each head of a family liable to assessment and taxation
 under the provisions of the laws of this state of which the
 individual is the actual bona fide owner)) ($40,000).
     BE IT FURTHER RESOLVED, That the secretary of state shall cause
 notice of this constitutional amendment to be published at least four
 times during the four weeks next preceding the election in every
 legal newspaper in the state.
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