Providing a real estate excise tax exemption for the sale of qualified affordable housing.

HB 2227 would exempt sales of "qualified affordable housing" from Washington's real estate excise tax. This bill amends the state's tax code (RCW 82.45.010) to create this specific exemption for qualifying affordable housing properties. The exemption directly affects sellers of eligible affordable housing units, reducing their tax burden when selling such properties. The bill is currently pending in the House Finance Committee after being prefaced in December 2025.