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March 4, 2008 E-Newsletter
Greetings from Olympia:
We’re nearing the end of the 2008 legislative session,
and I want to update you on some of the bills I’ve sponsored
to help strengthen Washington families and our communities.
Here are a few key areas I’ve been focusing on:
AFFORDABLE HOUSING
I sponsored three significant bills dealing with housing
and property taxes during the November special session and
the 2008 regular session:
First,
Senate Bill 6178 was passed and signed into law in
November to expand our state property tax deferral program
to help those at the greatest financial risk of losing their
home.
Some of these people have been in their home twenty,
thirty or fifty years, and now, find themselves at a place
where they just can’t keep up with the increasing costs of
keeping their family home – not to mention keeping up with
gas prices and health care costs.
This program essentially gives the people who need it
most a ‘grace period’ from their property taxes. My bill
allows families who have a combined disposable income of
less than $57,000 to take advantage of the program,
deferring half of their property taxes each year until the
house is sold or transferred. This isn’t a magic bullet, but
it's an immediate step to help thousands of families.
Providing affordable housing in South King County and
around the state is important as more families face home
prices they cannot afford and higher mortgage rates, that’s
why I sponsored
Senate Bill 6332, increasing the debt limit of our
state Housing Finance Commission. This is the group that
finances low and moderate income houses and apartments and
also helps new farmers.
The bill increasing their debt limit imposes no
additional cost on the state budget, but does give the
self-funding commission the capacity to build more than
8,000 new places for people to call home. It also opens the
door to low and moderate-income families to the American
dream of home ownership. Click
here to listen to a
radio story about this legislation.
Many families are dealing with home foreclosure, and I
have a bill that would help some of these families get back
on top of their mortgage payments.
Senate Bill 6711, the smart homeownership choices
program, would provide emergency funds for middle class and
low income families facing foreclosure. Homeowners that
receive this help will repay what they are lent and attend a
mortgage counseling program.
I was very happy to see these bills pass the Senate
unanimously and will work to ensure they pass the
Legislature and are signed by Gov. Gregoire.
CONSUMER PRIVACY
Our privacy as consumers is threatened more and more as
technology advances. This session I sponsored a bill to
regulate electronic data recorders in cars – currently these
“black boxes” in many newer cars aren’t regulated. The
devices monitor whether or not you’re wearing your seat belt
and how fast you're driving. This bill has bipartisan
support and passed the Senate 42-6. Click
here to
hear a radio story about this legislation.
THE ECONOMY
In this time of economic uncertainty, I'm focusing on
ways we can stop the squeeze on the middle class. From gas
prices to health care bills and utility costs, many of us
are feeling the crunch like never before.
Our state economy is healthy and our unemployment numbers
are lower here than nationwide. Our state budget is strong,
placing a significant amount of money – almost $755 million
– into reserves. But we also have seen our national economy
begin to slow.
During this time of uncertainty, it’s a priority of mine
to prepare for the rainy days, and to work on legislation
that helps the middle class, seniors, and the working poor.
There are three good proposals for tax relief this session.
To honor our disabled and senior veterans and relieve
some of their property tax burden, we are exempting 100
percent-disabled veterans benefits from calculations for the
senior and disabled property tax exemption and deferral
programs. This helps provided relief for an additional
1,150 our of state’s disabled senior veterans.
To help our seniors and disabled individuals struggling
with their property taxes, we increase the disposable income
thresholds by $5,000 each to qualify for the senior and
disabled property tax exemption and deferral program, and
increase the valuation freeze to $40,000. This could help as
many as 25,700 additional seniors and disabled
individuals per year.
We are also providing tax relief for our low-wage
workers. The working families tax credit refunds some of the
state sales tax to low-wage working people who qualify for
the federal Earned Income Tax Credit. This will lighten our
unfair tax burden and, depending on family size, could put
up to $470 back in the pockets of people who need it most.
Up to 350,000 working Washington residents would
qualify for the rebate.
Keep in touch
We are nearing the end of the short 60-day legislative
session. We’re scheduled to adjourn March 13 or before.
After the session ends, I will return to my family and our
district until the next session begins in January 2009.
I look forward to hearing about your priorities. Please
don’t hesitate to contact me at my office in Olympia at
360-786-7692, or at
kauffman.claudia@leg.wa.gov.
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