The bill aims to enhance property tax relief for disabled veterans by lowering the disability rating requirement from 80% to 40%. This change is intended to ensure that more veterans are eligible for exemptions from property taxes on their primary residences. The bill amends RCW 84.36.381, which outlines the criteria for property tax exemptions, including age and income thresholds, and it allows for the transfer of exemption status to a new residence under certain conditions. Additionally, it clarifies that confinement to a care facility does not disqualify a veteran from claiming the exemption if specific conditions are met.

Furthermore, the bill introduces new sections that specify that certain existing laws (RCW 82.32.805 and 82.32.808) do not apply to this act and establishes that the provisions will take effect for taxes levied for collection in 2027 and thereafter. This legislative change reflects a commitment to recognizing the sacrifices made by military veterans and aims to provide them with greater financial relief through property tax exemptions.

Statutes affected:
Original Bill: 84.36.381
Engrossed Bill: 84.36.381
Bill as Passed Legislature: 84.36.381
Session Law: 84.36.381