Text of Washington State Initiative 184 designed to control home taxes. Return to HOME page. Some Web readers lack the ability to print struck or underlined text.
Unmarked text is existing law .
This act may be referred to as the Property Tax Relief Act. This act's limitation of assessed valuatior to the 1995 base year and limiting increases to a 2 percent inflation rate is a fair method, as determined by the CPI, of determining assessed valuation. This method applies to every parcel of real property in this state and operates in an orderly, simple, systematic, nondiscriminatory, and uniform manner. This act's limitation on assessed valuatior is consistent with the existing 1 percent limitation on true and fair value in the Constitution. This act guarantees that the constitutional limit on property taxes will not be breached.