// Special Valuation or Deferral

Open space land classification removal - additional tax, interest, and penalty

Property Tax special valuation or deferral · RCW 84.34.108(6) · enacted 1973

All exemptions & deductions

Details

Citation
RCW 84.34.108(6)
Study reference
E1357-1
Tax type
Property Tax
Preference type
Special Valuation or Deferral
Category
Individuals
Year enacted
1973
End date
None scheduled

Fiscal impact (2024 study estimates)

Revenue if repealed — local ($M)
FY 2024: 0 · FY 2025: 3.758 · FY 2026: 4.004 · FY 2027: 4.227
Revenue if repealed — state ($M)
FY 2024: 0 · FY 2025: 0 · FY 2026: 0 · FY 2027: 0
Taxpayer savings — local ($M)
FY 2024: 3.472 · FY 2025: 3.758 · FY 2026: 4.004 · FY 2027: 4.227
Taxpayer savings — state ($M)
FY 2024: 0.723 · FY 2025: 0.782 · FY 2026: 0.833 · FY 2027: 0.88

CTI = confidential taxpayer information · D = unable to disclose

Does this apply to you?

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