Special Valuation or Deferral

Low-income homeowners tax deferral

Property Tax special valuation or deferral · RCW 84.37.030 · enacted 2007

All exemptions & deductions

Details

Citation
RCW 84.37.030
Study reference
E1451-1
Tax type
Property Tax
Preference type
Special Valuation or Deferral
Category
Individuals
Year enacted
2007
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Revenue if repealed — local ($M)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Revenue if repealed — state ($M)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: 0.121 · FY 2026: 0.128 · FY 2027: 0.135
Taxpayer savings — local ($M)
FY 2024: 0.083 · FY 2025: 0.087 · FY 2026: 0.092 · FY 2027: 0.097
Taxpayer savings — state ($M)
FY 2024: 0.032 · FY 2025: 0.034 · FY 2026: 0.036 · FY 2027: 0.038

CTI = confidential taxpayer information · D = unable to disclose

From the 2024 DOR Tax Exemption Study

Home Forms & Publications Publications By Subject Print Publications by subject Aircraft Taxes Appeals Amend Your Tax Return, How to Audit Business Registration Business Taxes Cigarette Tax Collection Process Commercial Vessel Tax Digital Products Electronic Funds Transfer (EFT) Incentives Indian Tax Guide Industry Guides Local Sales Tax Nonprofit Organizations Property Tax Public Records Special Notices Spirits Tax Streamlined Sales Tax Tax Reference Manual Tax, Title, and Registration of Boats (with Department of Licensing) Tax Topics Timber (Forest) Tax Unclaimed Property Use Tax Aircraft Taxes Appeals Property Tax Amend Your Tax Return, How to Audit Audit Process Brochure (PDF) Managed Audit Program Business Registration Roadmap to Register and License your Business in Washington Business tax basics (PDF) Business Licensing with My DOR (PDF) Tax Consultation Service Business Taxes Business and Occupation (B&O) tax Retail Sales Tax Small Business B&O Tax Credit Table – Monthly (PDF) , Quarterly (PDF) , or Annual (PDF) Cigarette Tax Cigarette tax brochure Washington Cigarette Wholesaler Information Collection Process The Collection Process Trust Fund Accountability What is a Tax

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: