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Vol. 2026 · Bill Detail · Special Edition

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Wednesday, September 2, 2026

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WA · HB1040INTRO · 17 COSPONSORS

Concerning rental income received by people eligible for certain property tax exemption programs.

Also relevant to:Homeowner
Where it is in the process
Plain-English Summary

This bill changes how "combined disposable income" is calculated for people who qualify for certain property tax exemptions. It would allow up to $6,000 per year in rental income from a person's main home to be excluded from this calculation, but not income from short-term rentals. This change would apply to taxes collected in 2027 and later, potentially making more people eligible for property tax exemptions or increasing their current exemption.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text

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