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WA HB1060

Bill

Status

Passed

4/7/2025

Primary Sponsor

Sharon Santos

Click for details

Origin

House of Representatives

2025-2026 Regular Session

AI Summary

  • Exempts newspaper printing, newspaper publishing, and eligible digital content publishing from Washington's Business and Occupation (B&O) tax for persons primarily engaged in these activities

  • Requires claimants to file annual tax performance reports; failure to comply results in taxes due at 0.484% of gross income plus interest retroactive to when the exemption was taken

  • Defines "eligible digital content" as electronic-only publications issued at least monthly with authored written content as the largest category by word count

  • Reduces the exemption amount by any political expenditures made during the tax reporting period (as defined in campaign finance law)

  • Section 2 provisions take effect January 1, 2026 and expire January 1, 2034

Legislative Description

Concerning newspapers and eligible digital content.

Last Action

Effective date 7/27/2025.

4/7/2025

Committee Referrals

Rules3/20/2025
Ways & Means3/10/2025
Rules2/5/2025
Finance1/13/2025

Full Bill Text

No bill text available