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SJR8210 • 2026

Assessed property valuation

Providing a constitutional amendment to limit growth of assessed valuation of real property.

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Senator McCune
Last action
2026-01-27
Official status
S Ways & Means
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Assessed property valuation

Assessed property valuation

What This Bill Does

  • Assessed property valuation

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-01-27 Senate

    First reading, referred to Ways & Means.

Official Summary Text

Assessed property valuation

Current Bill Text

Read the full stored bill text 
BE IT RESOLVED, BY THE SENATE AND HOUSE OF REPRESENTATIVES OF THE 1
STATE OF WASHINGTON, IN LEGISLATIVE SESSION ASSEMBLED:2
THAT, At the next general election to be held in this state the 3
secretary of state shall submit to the qualified voters of the state 4
for their approval and ratification, or rejection, an amendment to 5
Article VII of the Constitution of the state of Washington by adding 6
a new section to read as follows: 7
Article VII, section .... (a) Notwithstanding any other provision 8
in this article, the assessed value of real property shall not exceed 9
the true and fair value of the property on: 10
(1) January 1, 2027, modified each year thereafter by the lesser 11
of one percent or inflation; or 12
(2) January 1st of the year in which there is a change in 13
ownership, modified each year thereafter by the lesser of one percent 14
or inflation. 15
(b) The assessed value identified in subsection (a) of this 16
section shall be increased by the true and fair value of new 17
construction and improvements to property in the year in which they 18
are made. 19
(c) The legislature may, by appropriate legislation, enact 20
provisions to implement the requirements of this section.21
S-3724.1
SENATE JOINT RESOLUTION 8210
State of Washington 69th Legislature 2026 Regular Session
By Senator McCune
Read first time 01/27/26. Referred to Committee on Ways & Means.
p. 1 SJR 8210
(d) This section applies to taxes levied for collection in 2028 1
and thereafter. 2
BE IT FURTHER RESOLVED, That the secretary of state shall cause 3
notice of this constitutional amendment to be published at least four 4
times during the four weeks next preceding the election in every 5
legal newspaper in the state. 6
--- END ---
p. 2 SJR 8210