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The 2021 Legislative Session concluded on Sunday, April 25, 2021 with the Governor permitted 20 days to take action on legislation, whether to sign into law, veto or partial veto of the bills.  Bills that did not pass in the 2021 session will still be alive in the 2022 legislative session. 

This PDF copy of the review of the Legislative Session will give you some insight for current as well as the future. 

2021.05.27 - WA-SSA Legislative Priorities End of Session - Final.pdf

The 2022 Regular 60-day Session will be on Monday, January 10, 2022, however, there is a possibility of a special session in the interim to address additional transportation funding needs. 

Washington Self-Storage Association

 2021 Legislative Priorities

 

Tuesday, March 16, 2021

SUPPORT

1.     HB 1189/SB 5211 – Tax Increment Financing

·      Authorizes local governments to designate tax increment financing areas and to use increased local property tax collections to fund public improvements

·      A local government designating a TIF area may issue general obligation bonds to finance the public improvements. Any increase in assessed value within an area is included in the add-ons for purposes of the 1% revenue growth limit calculation.

·      Each taxing district shall receive that portion of its regular property taxes produced by the rate of tax levied by the taxing district on the tax allocation base value for that TIF project in the taxing district.

Sponsors:  Senators Frockt, Mullet, Conway, Kuderer, Rolfes; Representatives: Duerr, Boehnke, Bateman, Sullivan, Fitzgibbon, Walen, Ramel, Springer, Wicks, Slatter, Pollet, Callan, Harris-Talley

      STATUS HB:          Senate Business, Financial Services & Trade Committee

      STATUS SB:           Senate Rules Committee (Not Likely to Move)

2.     HB 1332/SB 5402 – Property Tax Deferral 

·      Suspends interest and penalties on property tax payments during the Coronavirus Disease 2019 (COVID-19) state of emergency and for 12 months thereafter.

·      Directs that county treasures to grant a deferral of property tax payments normally due in April 2021.

·      Establishes the COVID-19 Property Tax Deferral Loan Account.

·      Allows cities and counties to apply for loans from the COVID-19 Property Tax Deferral Loan Account.

      Sponsors:  Senators Mullet, Kuderer; Representatives: Sullivan, Ramel, Leavitt, Dufault, Hackney, Wylie, Santos, Ortiz-Self, Ormsby, Rule, Stokesbary, Callan, Pollet, Macri

      STATUS HB:          Senate Ways & Means Committee 

                                    Hearing – Tuesday, March 16 at 4:00 p.m.

      STATUS SB:           Senate Ways & Means Committee (Not Likely to Move)

OPPOSED

1.     HB 1496/SB 5096 – Capital Gains

·      Imposes a 7% Capital Gains Tax (CGT) beginning January 1, 2022 on the sale or other voluntary exchange of long-term capital assets by individuals.

·      The first $250,000 of capital gains are excluded from the state CGT. 

·      All taxpayers must file with the state Department of Revenue (DOR), but a person with no tax liability is not required to file a tax return.

·      A deduction for the sale of a qualified family-owned small business (under $10M in annual revenue) where the owner has materially participated for 5 of the past 8 years. 

·      Real Estate is partially exempt, but more changes are being worked with Leadership.

·      Sen. Hobbs Amendment guarantees that Capital Gains Tax will go on the ballot as a Referendum of the people. 

Sponsors:  Representatives Senn, Walen, Davis, Johnson, J., Ramel, Bergquist, Macri, Gregerson, Simmons, Sells, Peterson, Bateman, Berry, Lekanoff, Frame, Fitzgibbon, Duerr, Hackney, Slatter, Kirby, Thai, Chopp, Valdez, Riccelli, Pollet, Ormsby, Harris-Talley, Stonier; Senators Robinson, Hunt, Nguyen, Wilson, C.

STATUS HB:          House Finance Committee

STATUS SB:           House Finance Committee 

2.     HB 1494/HJR 4204 – Split Roll Property Tax & Constitutional Amendment

·      Creates Split roll property tax by giving exemption for primary residence that must be recouped by property taxes from other properties.

·      Created tax exemption for principal residences up to $250,000 of assessed value.

·      The Washington Constitution requires all taxes to be applied uniformly on property within each taxing district.  The Constitution also limits regular property tax levies to a maximum of 1% of a property's assessed value.

·      HJR 4204 – Creates a Constitutional Amendment to get around the “Uniformity Clause” in the WA Constitution. 

Sponsors:  HB 1494 – Harris-Talley, Berg, Davis, Wicks, Peterson, Ortiz-Self, Orwall, Gregerson, Chapman, Ramel, Simmons, Berry, Lekanoff, Frame, Hackney, Slatter, Duerr, Kirby, Thai, Valdez, Ormsby, Morgan; HJR 4204 – Harris-Talley, Berg, Wicks, Peterson, Ortiz-Self, Simmons, Gregerson, Chapman, Berry, Frame, Thai, Pollet, Ormsby, Davis, Ramel

      STATUS HB:          House Finance Committee

3.     SB 5139 – Rent Control

·      Establishes Rent Control in WA State

·      Prohibits a housing provider from increasing rent or other charges for the first 6 months after the end of the Governor’s emergency eviction ban under 59.18. 

·      After the first 6 months expire, housing providers are then limited to only increasing rent by 3% over the previous year’s consumer price index, for a subsequent six months, based on the rental rate as it was on March 1, 2020.Revises landlord and tenant provisions regarding the protection of certain residential tenants to include:

Sponsors:  Senators Das, Lovelett, Darneille, Hunt, Liias, Nguyen, Wilson, C.

STATUS:                DEAD – Senate Housing & Local Government Committee

Capital Gains Tax Bill Language Info:

Current Real Estate Language in Capital Gains Tax Bill – ESSB 5096

Page 3 – Sec. 102 – Definitions

(9) "Real estate" has the same meaning as in RCW 82.45.032, except that real estate does not include an individual's ownership interest or beneficial interest in an entity which itself owns an interest in real property located in this state for the purposes of this chapter.

Page 5 – Sec. 104 – This chapter does not apply to the sale or exchange of:

(1) All real estate;

(2) A controlling interest in an entity only to the extent that any long-term capital gain or loss from such sale or exchange is directly attributable to the entity's interest in real property and the sale or exchange was subject to tax under chapter 82.45 RCW. The department is not bound by the parties' agreement as to the allocation of consideration or fair market value, if such allocation or fair market value does not reflect the fair market value of the real property. For purposes of this subsection (2), "controlling interest" has the same meaning as in RCW 82.45.033;

Requested Fix for Real Estate in Capital Gains Tax Bill – ESSB 5096

Page 3 – Sec. 102 – Definitions

(9) "Real estate" has the same meaning as in RCW 82.45.032, except that real estate does not include an individual's ownership interest or beneficial interest in an entity which itself owns an interest in real property located in this state for the purposes of this chapter.

Page 5 – Sec. 104 – This chapter does not apply to the sale or exchange of:

(1) All real estate;

(2) A controlling interest in an entity only to the extent that any long-term capital gain or loss from such sale or exchange is directly attributable to the entity's interest in real property and the sale or exchange was subject to tax under chapter 82.45 RCW. The department is not bound by the parties' agreement as to the allocation of consideration or fair market value, if such allocation or fair market value does not reflect the fair market value of the real property. For purposes of this subsection (2), "controlling interest" has the same meaning as in RCW 82.45.033;

2021.03.15 - WA-SSA Legislative Priorities.pdf

Legislative News:

In accordance with Proclamation 20-25, House of Representatives facilities are closed until further noticeLegislators and staff are teleworking and can be reached via email or by phone during regular business hours. To find who your State Representatives are, please go to: 

https://app.leg.wa.gov/DistrictFinder  

For general information, please contact the Legislative Information Center atsupport@leg.wa.gov; 360-786-7573. To leave a message for your State Representatives and Senator: TOLL-FREE HOTLINE: 1-800-562-6000. For all other inquiries, please contact the Chief Clerk's office: Chief.Clerk@leg.wa.gov 360-786-7750. 

The Legislative home page as at http://leg.wa.gov/

Member Rosters & Information for 2019-2020. NOTE: a new roster list will be updated soon.  With elections just completed in early November combined with a few tight races, there are still results to be determined.

https://app.leg.wa.gov/rosters/

Web sites for Legislative Agendas, Schedules, and Calendars: 

http://leg.wa.gov/legislature/Pages/Calendar.aspx

The ‘Overview of the Legislative Process,’ is at the following web site: 

http://leg.wa.gov/legislature/Pages/Overview.aspx

Naturally, with COVID19, attending in person events is very limited if at all possible, BUT for the future, this site may be of interest for Coming to the Legislature: 

http://leg.wa.gov/legislature/Pages/ComingToTheLegislature.aspx 

which includes How a Bill Becomes a Law, How to Read a Bill, and How to Testify in Committee.

8-17-2020- WA-SSA Legislative Update PowerPoint.pdf

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