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Published on Friday, March 11, 2016

REET flexibility fix heads to the Governor

The House concurred last Tuesday on HB 2971, Rep. Joan McBride’s (D-Kirkland) bill to address inadvertent consequences of the larger Real Estate Excise Tax (REET) flexibility bill from last year. Rep. McBride was a tireless advocate for getting this bill across the finish line and she deserves a lot of credit for bringing stakeholders together and getting a variety of groups on the same page. We appreciate the strong partnership with the Realtors, affordable housing advocates, and counties to find an amicable resolution to this issue.