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WA HB2335

Bill

Official Source

Status

Introduced

1/12/2026

Primary Sponsor

Ed Orcutt

Click for details

Origin

House of Representatives

2025-2026 Regular Session

AI Summary

  • Repeals 13 sections of the 2025 business and occupation (B&O) tax rate increases enacted under Chapter 420

  • Eliminates the surcharge on businesses with Washington taxable income over $250,000,000, which was set to be effective January 1, 2026 through December 31, 2029

  • Repeals the advanced computing surcharge established in 2025

  • Declared an emergency measure, taking effect April 1, 2026

  • Exempts this act from tax preference performance statement requirements under RCW 82.32.805 and 82.32.808

Legislative Description

Repealing the business and occupation tax increases enacted in 2025.

Last Action

First reading, referred to Finance.

1/12/2026

Committee Referrals

Finance1/12/2026

Full Bill Text

No bill text available