House passes bill aimed to bring car-tab relief

The bill, which change the way cars are valued for taxes, will go the Senate next. House Bill 2201, which is sponsored by Rep. Mike Pellicciotti, D-Federal Way, and passed 60-37, changes the state depreciation schedule for vehicles to tie a car’s value more towards fair market value. It also gives refunds or credits to drivers to cover the difference between the old and new formulas.