WA HB1763

Imposes a 6% special excise tax on short-term rental lodging booked through platforms like Airbnb and Vrbo, effective January 1, 2026

Creates the Essential Affordable Housing Local Assistance Account in the state treasury to collect and distribute the tax revenue monthly to local jurisdictions

Counties receive tax revenue from short-term rentals in unincorporated areas; cities and towns receive revenue from rentals within their incorporated boundaries

Funds must be used exclusively for affordable housing programs including homeless housing assistance, temporary shelters, related services, or housing infrastructure projects supporting new construction

Local jurisdictions may retain up to 20% of funds received annually for administrative costs, and housing infrastructure projects must meet density requirements with single-family homes limited to 2,000 square feet or less