06.05.2015 - 02:41 [ SeattleTimes ]

State lawmakers propose lifting cap on property taxes

As legislators struggle to agree on how to fund schools, roads and government services, a pair of state lawmakers are throwing another tax proposal into the mix.
Two state representatives Tuesday introduced a bill that would lift the 1 percent cap on local property tax levies.
The cap, which can keep property tax revenue growing at a slower rate than annual inflation, has been cited by King County as a reason for cuts to services like law enforcement and road maintenance. King County is even considering releasing people arrested on felony drug and property crime charges so it can cut jail costs.