Establishes a progressive real estate excise tax with graduated rates from 1.1% on sales under $525,000 to 3% on sales over $3.025 million, designed to shift tax burden toward higher-income households while funding affordable housing. The council approved support for this legislation as part of their state legislative agenda, with discussion emphasizing Washington's regressive tax structure and the need for revenue equity.
Real Briefings — Legislation Tracker
Bill #HB-2442
Progressive Real Estate Excise Tax for Affordable Housing
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Summary
Meeting History
Discussed in 2 meetings
January 27, 2026
— Washington-Whatcom-Whatcom County
Committee of the Whole
The Whatcom County Council Committee of the Whole held a comprehensive policy session addressing state legislative priorities, urban growth area proposals, and governance reforms. The most ...
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February 10, 2026
— Washington-Whatcom-Whatcom County
Committee of the Whole
Whatcom County Council's Committee of the Whole tackled a packed agenda covering state legislative updates, critical urban growth area decisions, comprehensive planning challenges, and government ...
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