$200,000 is a good number for this.
Bill HB 1439
(Biennium: 2009-2010)
Concerning property tax deferral eligibility for senior citizens and persons retired because of disability.
Mar 15 - By resolution, reintroduced and retained in present status.
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Introduced by Rep. Troy Kelley, (D-Tacoma) (D) on January 21, 2009, specifies the conditions and manner in which property tax deferrals may be obtained for senior citizens or those who are retired because of a disability. Those with disposable incomes under forty thousand dollars may defer payment of special assessments or property taxes up to eighty percent of the person’s equity value on the property. For those with disposable incomes between forty and one hundred thousand, up to eighty percent of the equity value or up to two hundred thousand dollars of the equity value may be deferred.
Bill summary provided by: WashingtonVotes.org
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