Bill
Bill > HB2626
summary
Introduced
01/22/2026
01/22/2026
In Committee
01/22/2026
01/22/2026
Crossed Over
Passed
Dead
Introduced Session
2025-2026 Regular Session
Bill Summary
AN ACT Relating to increasing the insurance premium tax on 2 certain health insurance providers; amending RCW 48.14.0201; adding a 3 new section to chapter 48.14 RCW; and providing an effective date. 4
AI Summary
This bill increases the insurance premium tax rate for certain health insurance providers, specifically health maintenance organizations, health care service contractors, and self-funded multiple employer welfare arrangements, from two percent to three percent on premiums and prepayments collected for health care services, effective for taxes due and payable starting March 1, 2027. Additionally, it introduces a new one percent insurance premium tax on disability insurers and insurers providing group stop-loss insurance for health care services, effective for taxes due and payable starting March 1, 2028, with both types of taxes requiring quarterly prepayments.
Committee Categories
Budget and Finance
Sponsors (3)
Last Action
Public hearing in the House Committee on Finance at 8:00 AM. (on 02/03/2026)
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=2626&Year=2025&Initiative=false |
| Fiscal Note - 2626 HB (Revised) | https://fnspublic.ofm.wa.gov/FNSPublicSearch/GetPDF?packageID=76759 |
| Fiscal Note - 2626 HB (Final) | https://fnspublic.ofm.wa.gov/FNSPublicSearch/GetPDF?packageID=75843 |
| House bill analysis 2026 | https://lawfilesext.leg.wa.gov/biennium/2025-26/Pdf/Bill%20Reports/House/2626%20HBA%20FIN%2026.pdf |
| BillText | https://lawfilesext.leg.wa.gov/biennium/2025-26/Pdf/Bills/House%20Bills/2626.pdf |
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