// Preferential Rate
Assisted living facilities
B&O Tax preferential rate · RCW 82.04.2908 · enacted 2004
Details
- Citation
- RCW 82.04.2908
- Study reference
- E1039-1
- Tax type
- B&O Tax
- Preference type
- Preferential Rate
- Category
- Business
- Year enacted
- 2004
- End date
- None scheduled
Fiscal impact (2024 study estimates)
- Revenue if repealed — local ($M)
- FY 2024: 0 · FY 2025: 0 · FY 2026: 0 · FY 2027: 0
- Revenue if repealed — state ($M)
- FY 2024: 0 · FY 2025: 15.25 · FY 2026: 17.38 · FY 2027: 18.21
- Taxpayer savings — local ($M)
- FY 2024: 0 · FY 2025: 0 · FY 2026: 0 · FY 2027: 0
- Taxpayer savings — state ($M)
- FY 2024: 16.02 · FY 2025: 16.64 · FY 2026: 17.38 · FY 2027: 18.21
CTI = confidential taxpayer information · D = unable to disclose
From the 2024 DOR Tax Exemption Study
Home Forms & Publications Publications By Subject Special Notices Engrossed Substitute Senate Bill 5160 Concerning Property Tax Relief Programs - Legislative Update Print Engrossed Substitute Senate Bill 5160 Concerning Property Tax Relief Programs - Legislative Update Issue Date July 29, 2019 The 2019 Legislature passed Engrossed Substitute Senate Bill 5160 ( ESSB 5160 ) amending the eligibility requirements for the Property Tax Exemption Program (Exemption Program) and Deferral Program for low-income senior citizens, individuals with disabilities, and veterans. The legislation is effective July 28, 2019, and applies to property taxes levied for collection in 2020. What the bill does This bill amends RCW’s 84.36.381 , 84.36.383 , 84.36.385 , 84.38.020 , 84.38.030 , 84.38.070 , 84.38.130 , 84.38.150 . Below describe the notable changes. Income requirements Beginning with taxes levied for collection in 2020 (applications due in 2019), this bill: Revises the income thresholds necessary to qualify for the Exemption Program (RCW 84.36.383), as follows: Income threshold 1 is the greater of $30,000, or 45 percent of the median household income of the county where the residence is located
Does this apply to you?
This is reference data from the 2024 study — not advice, and 2025–26 legislation may have changed it. Three ways to go deeper: