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Bill

HB 1334

Modifying the annual regular property tax revenue growth limit.

2025-2026 Regular Session Introduced by Emily Alvarado and 13 co-sponsors

Washington bill modifies annual property tax revenue growth limits for local governments, affecting funding for schools and public services alongside tax obligations.

Public hearing in the House Committee on Finance at 8:00 AM.
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Bill Summary · HB 1334

Legislative bill overview

HB 1334 modifies Washington's property tax revenue growth limit, which currently caps annual increases in regular property tax revenue. The bill adjusts the mechanism that determines how much additional tax revenue local governments can collect year-over-year from existing properties and new construction. Specific details on whether this raises or lowers the growth cap are not provided in the action summary.

Why is this important

Property tax growth limits directly affect local government funding for schools, counties, cities, and other services. Changes to these limits impact both property owners' tax bills and the revenue available for public services like education, infrastructure, and emergency services. Washington's current limit is a key fiscal policy tool that shapes budgeting across all local jurisdictions.

Potential points of contention

  • Whether the modification increases or decreases the allowable tax growth, affecting either taxpayers' obligations or local government service capacity
  • Impact on school districts and education funding, which depend significantly on property tax revenue in Washington
  • Debate over whether local governments have adequate resources under current/proposed growth limits versus concerns about rising property taxes for residents and businesses

Compiled from official sources — confirm details with the bill’s official record.

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