Is Property Tax Relief on the Way? That’s Up to You.
Well, it is up to you to support property tax relief. But only the Washington State Legislature can make it a reality. King County Assessor John Wilson has a proposal that would allow easier and fair reductions in property value to reflect the impact of COVID-19 response. You can read the whole explanation right here, below.
Lowered property values and the resulting benefits of lower taxes might eventually make their way to hard hit housing providers. But here’s the key part of Wilson’s proposal,
State law allows assessors to adjust taxable values if the property is damaged by a natural disaster, but not because of a pandemic. Wilson wants to expand the law to cover impacts as a result of governmental restrictions enacted during a public health pandemic.
From the press release, emphasis mine
Wilson’s proposal would allow more relief and sooner to take account of the impacts of COVID-19. But legislative leaders need to hear from you now. Please send them a message using the form below.