Bill > SB5026

This bill dedicates a portion of the state sales tax and use tax collected on vehicle sales to a new Transportation Preservation and Maintenance Account, gradually increasing the percentage of tax revenue directed to this account over time. Beginning July 1, 2026, 16.66% of sales and use tax revenue from new and used vehicle sales will be deposited into the account, with this percentage increasing by 16.66% each year until July 1, 2031, when 100% of such revenue will be directed to the account. The bill defines "vehicle" broadly to include passenger vehicles, light trucks, commercial vehicles, travel trailers, recreational vehicles, motorcycles, and campers, but excludes certain types of vehicles like farm tractors, off-road vehicles, bicycles, and snowmobiles. The new Transportation Preservation and Maintenance Account can only be used for preservation and maintenance of highways, roads, and bridges, and funds can only be spent after legislative appropriation. The bill amends existing laws related to sales tax, use tax, and state treasury account earnings to implement these changes, with most provisions taking effect on July 1, 2026.

Budget and Finance

https://app.leg.wa.gov/billsummary?BillNumber=5026&Year=2025&Initiative=false