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2018 Senate Bill 6614: Concerning funding for the support of common schools
Introduced by Sen. Mark Mullet (Issaquah) (D) on February 19, 2018
  Official Text and Analysis.
Referred to the Senate Ways & Means Committee on February 19, 2018
Substitute offered in the Senate on February 21, 2018
Reduces the calendar year 2018 state property tax by $431 million. ? Transfers $431 million from the budget stabilization account to the state general fund (GFS) for the support of common schools.
Referred to the Senate Rules Committee on February 22, 2018
Amendment offered by Sen. John Braun (Centralia) (R) on March 7, 2018
Retains current law deposit of property taxes into the general fund.
The amendment failed by voice vote in the Senate on March 7, 2018
Amendment offered by Sen. John Braun (Centralia) (R) on March 7, 2018
Replaces provisions of the bill lowering the calendar year 2019 state property tax with the creation of a state property tax relief voucher program for taxes payable after September 15, 2018. Provides $431 million of property tax relief from the general fund and dedicates any June 2018 revenue forecast increase to additional property tax relief, capped at $1 billion. Requires county assessors to provide DOR with the necessary data by April 15, 2018. Requires vouchers to be redeemed by July 1, 2019.
The amendment failed by voice vote in the Senate on March 7, 2018
Amendment offered by Sen. Doug Ericksen (Ferndale) (R) on March 7, 2018
Replaces the 2019 state property tax reduction with a state property tax deferral. Defers payment of $996 million of calendar year 2018 state property taxes until calendar year 2019. Reduces calendar year 2019 state property tax collections by $996 million.
The amendment failed by voice vote in the Senate on March 7, 2018
Amendment offered by Sen. Christine Rolfes (Kitsap County) (D) on March 7, 2018
Provides the state property tax reduction in calendar year 2019 as opposed to calendar year 2018. Reduces the calendar year 2019 state property tax rate by 30 cents per thousand dollars of assessed value. Eliminates the transfer from the budget stabilization account. Redirects $935 million of state property taxes collected in fiscal year 2019 to the education legacy trust account.
The amendment passed by voice vote in the Senate on March 7, 2018
Received in the House on March 8, 2018
Signed by Gov. Jay Inslee on March 27, 2018

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