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WA HB2084

Bill

Status

Introduced

4/17/2025

Primary Sponsor

Alex Ramel

Click for details

Origin

House of Representatives

2025-2026 Regular Session

AI Summary

  • Repeals RCW 82.04.062, which excluded sales of precious metal bullion and monetized bullion from retail/wholesale sales tax calculations, effective October 1, 2025

  • Subjects self-service storage facility rentals and leases (30 days or longer) to the state business and occupation (B&O) tax at rates of 1.5% or 1.75%, effective April 1, 2026

  • Clarifies that gross proceeds from individual storage space rentals do not qualify for the real estate sales tax exemption

  • Revenue generated is intended to fund K-12 education, health care, and public safety programs

  • Includes a severability clause ensuring remaining provisions stay in effect if any part is found invalid

Legislative Description

Increasing funding for K-12, health care, and public safety by repealing or modifying tax preferences for certain industries and goods.

Last Action

House Rules "X" file.

1/12/2026

Committee Referrals

Rules4/27/2025
Finance4/17/2025

Full Bill Text

No bill text available