[{"_1":2,"_112":-5,"_113":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,76,88,100],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},"mediaId",6267766,"mediaKeyId","3063776-2dbf7b8f8c214a67db2cd1be4cbae284","parentId",3063776,"title","Committee reports K–12 property-tax and revenue growth bill after heated debate; several voter-protection amendments rejected","audioSeconds",4718,"startMs",749000,"endMs",5467000,"viewUrl","/Search/View?dp=1&key=3063776-2dbf7b8f8c214a67db2cd1be4cbae284&start=749&end=5467","thumbnailUrl","https://assets.pipeline.soar.com/3063776-2dbf7b8f8c214a67db2cd1be4cbae284/thumbnail_749000.jpg","articleUrl","/articles/6267766/Washington/Committee-reports-K12-property-tax-and-revenue-growth-bill-after-heated-debate-several-voter-protection-amendments-rejected","mediaUrl","https://secure.pipeline.soar.com/6267766-6f9301ffea2b914b1155341c95bf771d/orig.mp4?Expires=1771181281&Signature=jxLPf7d7tQboNFG0nzi2qsu~3e~utP57KHHIpRLRtfEicfKytfcCFZju-FePgUtwhEXxc1VpfHb5yPByHVVhigLqdTKYL-~9XiAZ6hEVSZaW9wO8BV7XsolmyQPxP1I2vUvsnUNsfzoA83J16iMs20-itbzR3zHd7xWPxAMB2eeW0VAEQeN1UezQwuixtj~HwQx8y4LWVyu3IIiCWjoRU4O6uLf1dcCsR5YW-pqmlffCM6YxALVG-pEt8Rhf3tp37Ir~iZMLmxll4bI-FxK8pNkW9lbG-KERVG9ZW3yJCW7604HRyT-jD2jwZTO7Z9svaorJ~Xbdk5DrefnTW8LbTA__&Key-Pair-Id=KUT5TJCACFTXG","author","Washington Legislature","date","2025-04-19T00:00:00Z","article","The House Finance Committee on Saturday voted to report proposed substitute House Bill 2,049, a multipart measure addressing K–12 education funding and adjustments to property tax limit calculations, after extensive debate and several rejected amendments. The substitute would change how the revenue growth limit is calculated for taxing districts by replacing a flat 1% factor with a formula that includes population change and inflation, subject to a 3% cap, and would adjust certain components of education funding calculations.

As briefed by committee staff, the substitute modifies the definition of inflation for the revenue growth limit to the Consumer Price Index change, excludes state population in some district population-change calculations, changes the county road fund levy population calculation to full-county population, and adjusts the revenue growth limit formula to 101% plus population change and inflation (retaining an overall 103% cap). The substitute also removed special-education adjustments and lowered some inflation enhancements to local effort assistance per-pupil thresholds.

Amendments included proposals to require that increased revenues supplement rather than supplant existing school funding, to remove population change from the limit factor, to eliminate adding new construction as an add-on value when calculating levies, to require voter approval before districts levy more than the new limit factor for the first time, and to send the bill as a statewide voter measure. Several of those amendments were considered and not adopted. Representatives debating the bill split over whether raising the limit factor would address school funding shortfalls or would shift more burden onto local taxpayers; opponents warned of double-counting population growth and of the impact on homeowners, expressing concern for elderly and fixed-income households.

On the roll call, staff read individual member votes; the final tally announced by staff was 9 ayes, 6 nays, 0 excused. The committee reported the substitute with a due pass recommendation and will forward it for further floor consideration. Debate indicated some members want voter referral on the question of changing long-standing local revenue-growth limits; others argued local governments need the flexibility to fund public-school capacity and that the change improves equity in state–local funding for education.","mediaType","Video","parentTitle","House Finance - 4/19/2025 9:00 AM","oneSentenceSummary","Proposed substitute House Bill 2,049, which would change the revenue-growth limit for property taxes to incorporate inflation and population and alter several K–12 funding calculations, was reported out of the Finance Committee with a due pass recommendation after contested debate; staff announced a 9-6 vote in committee.","taxTitle","Finance, House of Representatives, Legislative Sessions, Washington","taxId",20261,"location","Washington","headline","","shortSummary",{"_33":77,"_35":36,"_37":38,"_39":78,"_41":79,"_43":80,"_45":81,"_47":82,"_49":83,"_51":84,"_53":85,"_55":56,"_57":58,"_59":86,"_61":62,"_63":64,"_65":87,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6267772,"Committee reports HB 2,084 after amendments on precious metals, storage units and prescription-drug warehousing",3321,592000,3913000,"/Search/View?dp=1&key=3063776-2dbf7b8f8c214a67db2cd1be4cbae284&start=592&end=3913","https://assets.pipeline.soar.com/3063776-2dbf7b8f8c214a67db2cd1be4cbae284/thumbnail_592000.jpg","/articles/6267772/Washington/Committee-reports-HB-2084-after-amendments-on-precious-metals-storage-units-and-prescription-drug-warehousing","https://secure.pipeline.soar.com/6267772-8271318f12acc1f1dabea2155a7f16c5/orig.mp4?Expires=1771181281&Signature=bO953LeyflvFjaIDzHU~IYK1ydHLs4hMA~3NHjz3jmbqDItq11fOLEX11Ih~yVd0dxeHU0tsUjfDOfIstJgVF~5I8arfJhXHbpkpBkwx8loZA-a~qKS0cOCh6nXayKLbOcsCHExUUvUWZJLSyTufIXZ5fCL5XNInRWmiOz5iFvkLUcxHUmW36vW6s3hkPZ3vUQRnqzZd7XfWGdY-LYuI8q66VRWZ8BwfCC-Jm1vzaDgyk7nzT~UNCwbyLlXUPWj8kFdmOIEOlQR9m9YDmnsLvIXhIr6GPbsAkJu-yPslIN7hEVg6MRmlmQ0fZFlRZFU-0Zl34-N3R9zFtpEf0IXY~Q__&Key-Pair-Id=KUT5TJCACFTXG","The House Finance Committee voted to report House Bill 2,084 with a due pass recommendation after considering multiple amendments that restored or clarified tax treatment for specific businesses. The bill before the committee would eliminate certain tax preferences including the B&O exemption for sales of precious metals and bullion, impose B&O tax on receipts from rental of self-storage units, and remove the preferential B&O rate for warehousing and reselling prescription drugs.

Committee members debated amendments that would restore the precious-metals exemption, remove the storage-unit B&O tax provision, preserve the preferential rate for prescription-drug wholesalers, clarify placement of storage-unit language under services and other activities in the RCW, and repeal the credit-union exemption as proposed in the bill. Representative Chase offered an amendment to restore the B&O exemption for precious metals and bullion, saying many small coin and bullion dealers rely on the exemption; that amendment was not adopted. Representative Jacobson moved an amendment to remove the new tax on self-storage units, arguing those units are used by people of limited means; that amendment was not adopted. Other amendments that clarified statutory placement and retained certain exceptions were adopted.

Supporters of removing preferences argued that longstanding exemptions are preferential tax treatment not justified by current policy; opponents argued the exemptions reflect the economic reality of specific businesses and that removing them could push business across state lines or increase costs for consumers. The committee roll call recorded 10 ayes and 5 nays; staff announced the tally as 10 ayes, 5 nays, 0 excused. The committee incorporated several adopted amendments into the substitute and reported the bill to the next stage with a due pass recommendation.","House Bill 2,084, which would eliminate several tax preferences and change B&O treatment for storage units and prescription-drug warehousing, was reported out of the Finance Committee with a due pass recommendation after multiple amendment votes and debate; final committee tally was 10-5.",{"_33":89,"_35":36,"_37":38,"_39":90,"_41":91,"_43":92,"_45":93,"_47":94,"_49":95,"_51":96,"_53":97,"_55":56,"_57":58,"_59":98,"_61":62,"_63":64,"_65":99,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6267777,"Committee advances bill taxing ZEV credit transactions after amendment debate; 10-5 vote to report",2367,434000,2801000,"/Search/View?dp=1&key=3063776-2dbf7b8f8c214a67db2cd1be4cbae284&start=434&end=2801","https://assets.pipeline.soar.com/3063776-2dbf7b8f8c214a67db2cd1be4cbae284/thumbnail_434000.jpg","/articles/6267777/Washington/Committee-advances-bill-taxing-ZEV-credit-transactions-after-amendment-debate-10-5-vote-to-report","https://secure.pipeline.soar.com/6267777-e8cfcb6a91bc606fcb26a12080b7b3b8/orig.mp4?Expires=1771181281&Signature=UUQVW1uWFT-i411zmB~-ej7SNwxpFBvvGJjMONNx2Y95dO4ZdWCZ94yKUg732GEWPRjMpFkX8FO29pylteoHecH7dfN4zIvetLadHLQ09u8~KNAHqNyaBL3e~F4KD0GdqrcT2CNVPs3oqxdNhIeOs5HjPfqz-uxMnSmuVA-FMk1WfODfKBKSX9vuTImV3t3sy5YyrWS3IpgnNB~6Tle0V86alf0bToxOxpcNBvdI~tOon4~77oPGo8u3YH5WbxPAuf1Y52JUI55HUHSDeST6B~uTQREpyU5gpgQWxmdBZMiCITADGWHDRNoUaZO~TSS6knJ0OicqdTlPRqoZSGsJyw__&Key-Pair-Id=KUT5TJCACFTXG","The House Finance Committee moved substitute House Bill 2,077 forward with a due pass recommendation following debate on taxing the sale and banking of zero-emission vehicle (ZEV) credits. Committee members discussed the substitute and several amendments that would have narrowed or limited the new excise tax on ZEV credit transactions before voting 10-5 to report the measure to the next step.

Committee staff described the substitute as removing an initial tax on pulling credits and instead imposing an excise tax on sales and banking of ZEV credits, with technical clarifications and reporting requirements for manufacturers. The proposed substitute also removed references to ZEV leases and medium-duty passenger vehicles and required reporting of 2023 ZEV credit sales if manufacturers had sold credits in that model year. Several amendments were offered during committee consideration: some sought to limit the tax to model years 2024–2027, others would have eliminated the proposed banking or sale taxes, and another amendment would have redirected revenue shares between electric-vehicle incentive and infrastructure accounts.

Supporters of the bill framed the measure as a tool to capture revenue from windfall credit sales and to fund EV infrastructure and incentives; opponents said taxing credit sales or banking could reduce market liquidity or discourage manufacturers' use of the credit market. Representative Abel argued the tax would undercut EV incentives. Representatives supporting the package said proceeds would support EV rebate and infrastructure programs.

The roll call included: Representative Berg (aye); Representative Street (aye); Representative Orcut (nay, do not pass); Representative Jacobson (nay, do not pass); Representative Abel (nay, do not pass); Representative Chase (nay, do not pass); Representative Mena (aye); Representative Partially (aye); Representative Penner (nay, do not pass); Representative Rammell (aye); Representative Santos (aye); Representative Scott (aye); Representative Springer (aye); Representative Wallen (aye); Representative Wiley (aye). Staff announced 10 ayes, 5 nays, 0 excused. The committee adopted some clarifying and exemption amendments but did not adopt measures that would eliminate the banking or sale taxes.","Proposed substitute House Bill 2,077, which would impose taxes on certain transactions involving zero-emission vehicle (ZEV) credits, was reported out of the House Finance Committee with a due pass recommendation after debate and failed amendments; committee vote was 10-5.",{"_33":101,"_35":36,"_37":38,"_39":102,"_41":103,"_43":104,"_45":105,"_47":106,"_49":107,"_51":108,"_53":109,"_55":56,"_57":58,"_59":110,"_61":62,"_63":64,"_65":111,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6267781,"Finance Committee advances broad B&O tax package with amendments; committee votes 9-6 to report bill",1751,326000,2077000,"/Search/View?dp=1&key=3063776-2dbf7b8f8c214a67db2cd1be4cbae284&start=326&end=2077","https://assets.pipeline.soar.com/3063776-2dbf7b8f8c214a67db2cd1be4cbae284/thumbnail_326000.jpg","/articles/6267781/Washington/Finance-Committee-advances-broad-BO-tax-package-with-amendments-committee-votes-9-6-to-report-bill","https://secure.pipeline.soar.com/6267781-2dde2489ecdbe55b0cb5ad050b60a4b7/orig.mp4?Expires=1771181281&Signature=cRUC105DuuDlHMw5L-8261mywoIrcNmiMBtZVMcrFvzWnDfSCYUuT5gGqRUqYblqYg3tjWILTmvTxWzy5w349Yjdj-57AKsZPEbUoXOra3qpBSrRhsbbz1-AkdLO5VlwRa1ib~fIPVqDdPc5LZFSnCaSUgJwmx1XJTvJ8suBkrWsvweheWn416OdUPKyp3WNkzR4zbU4fvxeRx1DD7GOSxljjFHdZXfQGUYgVLIN66Hc4lZiBphXxOTIU7u2jpSxncf8eFSzL-1Kis2oEcZD4K2G9IgEncwzCr2JGzyyBMkcESFPDBEewxvZlujPISRliPwFJLWw88oa4B6Onwnhow__&Key-Pair-Id=KUT5TJCACFTXG","The House Finance Committee on Saturday advanced a substitute version of House Bill 2,081, a sweeping package of changes to Washington’s Business & Occupation (B&O) tax code, by a 9-6 vote. Committee members adopted multiple amendments before voting to report the bill to the next stage with a \"due pass\" recommendation.

The bill as briefed by Tracy Taylor, staff to the committee, would raise B&O tax rates and add new surcharges for specified categories of businesses. Key elements described by staff include increasing the B&O rate to 0.5% for manufacturing, retail and wholesaling activities effective Jan. 1, 2027; raising B&O rates for services and other activities for businesses with gross receipts over $1,000,000 beginning Oct. 1, 2025; a 0.5% surcharge on taxpayers with Washington taxable income over $250,000,000 from Jan. 1, 2026, through Dec. 30, 2030; an increase in the financial-institutions B&O surcharge from 1.2% to 1.5% beginning Oct. 1, 2025; and raising the advanced computing surcharge and its annual cap. The proposed substitute and many of the specific amendments were identified by bill/amendment numbers during the briefing.

Committee debate focused on mitigating effects for small businesses, clarifying affiliate and activity definitions, indexing thresholds to inflation and narrow exemptions for particular business lines. Representative Parsley’s amendment moved a services-rate threshold from $1 million to $5 million to protect smaller firms; that amendment was adopted. The committee approved amendments clarifying affiliate-processing exclusions, expanding the B&O deduction for investment vehicles, exempting certain wholesaling activities, and adjusting the advanced computing surcharge cap and application. Several other amendment proposals were withdrawn or not adopted after discussion about fiscal analysis and administrative complexity.

Several members urged caution about burdening small employers and health-care providers; others framed the package as necessary to fund public services. Representative Street, speaking as mover, said the bill addresses structural issues in the tax code and funds public safety, education and health care. Representative Abel and others voiced opposition, citing concerns about impacts on small independent providers and the effect of surcharges on major employers.

On the committee roll call, the following positions were recorded: Representative Berg (aye); Representative Street (aye); Representative Orcut (nay, do not pass); Representative Jacobson (nay, do not pass); Representative Abel (nay, do not pass); Representative Chase (nay, do not pass); Representative Mena (aye); Representative Partially (aye); Representative Penner (nay, do not pass); Representative Rammell (aye); Representative Santos (aye); Representative Scott (aye); Representative Springer (aye); Representative Wallin (nay, do not pass); Representative Wiley (aye). Staff announced the final tally as 9 ayes, 6 nays, 0 excused.

The committee’s action will send the amended substitute to the next step in the legislative process with a recommendation to pass. The committee did not adopt every proposed amendment; several sponsors said they would pursue refined language or additional fiscal analysis on the floor. The bill text and adopted amendments specify phased-in effective dates and caps; implementation and administrative details will be handled by the Department of Revenue if the bill becomes law.","The Washington House Finance Committee voted 9-6 to report substitute House Bill 2,081, a multi-part package of changes to Business & Occupation (B&O) tax rates and surcharges, after adopting several amendments affecting thresholds, exemptions and surcharge caps.","actionData","errors"]

Article not found

Committee reports K–12 property-tax and revenue growth bill after heated debate; several voter-protection amendments rejected

Committee reports HB 2,084 after amendments on precious metals, storage units and prescription-drug warehousing

Committee advances bill taxing ZEV credit transactions after amendment debate; 10-5 vote to report

Finance Committee advances broad B&O tax package with amendments; committee votes 9-6 to report bill