Tag: REET

22
Apr

Nothing Left But the Big Stuff

The legislative session passed its last major hurdle before the end of session – Wednesday was the cutoff for bills needing to pass out of their opposite house. All that is left is for bills that were amended to be approved or rejected by their original house. That, and all of the big stuff the legislature has not yet gotten

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19
Apr

Will It Take Extra Innings to Get the Work Done?

We’ve made it to the last week of session! But the big question on everyone’s mind is – will lawmakers end on time, or will it take an extra session to get the work done? As the days wane on it is becoming clear there remain several big-budget sticking points between the House and Senate. Many fear the April 28

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14
Apr

State Graduated REET Bills Will Affect Counties

One option the state is considering as a method to raise new revenue is to graduate the rate of taxation based on the value of the sale for the state real estate excise tax. While the increases fund different things based on the particular bill, there are two formulas the legislature is considering. Current law is a flat 1.28% REET.

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5
Feb

Transportation & Public Works – Week 4

After the cutoff for policy-related bills last Friday, several bills from last session and this session are dead.  The cut-off for fiscal bills is tomorrow, February 6th, so any bills not receiving a hearing or being moved out of committee will likewise be dead for the session. Rep. Wilcox’s bill to fund fish barrier removals, SHB 2902, has not been heard

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