SB 5553

Momentum Bucket Early Stage
Legal Title AN ACT Relating to providing a sales and use tax incentive for multifamily affordable housing;
Bill Description Providing a sales and use tax incentive for multifamily affordable housing.
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SB 5553 Details and Bill Topics

Details

Date Introduced 01/28/2025
Originating Chamber Senate
Biennium 2025-26
Total Campaign Dollars Backing Bill $4,206,778.50

Bill Topics

HOUSING AND HOMES
TAX PREFERENCES - EXEMPTIONS, CREDITS, DEDUCTIONS, DEFERRALS, ETC.

SB 5553 Sponsors and Committee Hearings

Sponsors

Senator Salomon (Primary)
Senator Shewmake
Senator Liias
Senator Nobles
Senator Slatter

Committee Hearings

Go to SB 5553 at leg.wa.gov

SB 5553 Bill Timeline

Early Stage
1/11/2026
SWays & Means
By resolution, reintroduced and retained in present status.
1/27/2025
SWays & Means
First reading, referred to Ways & Means.