Bill
Bill > HB2335
summary
Introduced
01/12/2026
01/12/2026
In Committee
01/12/2026
01/12/2026
Crossed Over
Passed
Dead
Introduced Session
2025-2026 Regular Session
Bill Summary
AN ACT Relating to repealing the business and occupation tax 2 increases enacted in 2025; repealing RCW 82.04.288; repealing 2025 c 3 420 ss 101, 102, 103, 104, 105, 106, 107, 108, 109, 110, 111, 112, 4 113, 202, and 301; creating a new section; providing an effective 5 date; and declaring an emergency. 6
AI Summary
This bill repeals specific sections of a 2025 law (2025 c 420) that enacted increases to the business and occupation tax, a tax levied on the gross revenue of businesses in Washington State. It specifically targets the repeal of sections related to a surcharge on businesses and financial institutions with high gross income, as well as a surcharge for advanced computing. The bill also repeals RCW 82.04.288, which outlines a surcharge on Washington taxable income exceeding $250,000,000, originally set to take effect in 2026. The intent of this legislation is to undo these previously enacted tax increases, with an emergency clause indicating it is necessary for the immediate preservation of public peace, health, or safety, and it is set to take effect on April 1, 2026.
Committee Categories
Budget and Finance
Sponsors (16)
Ed Orcutt (R)*,
Stephanie Barnard (R),
April Connors (R),
Travis Couture (R),
Tom Dent (R),
Jeremie Dufault (R),
Andrew Engell (R),
Jenny Graham (R),
Cyndy Jacobsen (R),
Michael Keaton (R),
Mark Klicker (R),
John Ley (R),
Deb Manjarrez (R),
Matt Marshall (R),
Stephanie McClintock (R),
Michelle Valdez (R),
Last Action
First reading, referred to Finance. (on 01/12/2026)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://app.leg.wa.gov/billsummary?BillNumber=2335&Year=2025&Initiative=false |
| BillText | https://lawfilesext.leg.wa.gov/biennium/2025-26/Pdf/Bills/House%20Bills/2335.pdf |
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