WA HB2711

Modifies motor vehicle fuel tax calculation methodology beginning July 1, 2026, implementing annual 2% increases on existing fuel tax rates with the incremental amount calculated separately rather than adjusting base rates directly

Imposes additional retail car rental tax of 11.9% (January-December 2026) decreasing to 9.9% (beginning January 2027), with new 9.9% tax on peer-to-peer car sharing transactions starting January 2027, deposited in the multimodal transportation account

Levies 8% luxury tax on motor vehicles with selling price exceeding $100,000 (threshold increases 2% annually), and 10% luxury tax on noncommercial aircraft exceeding $500,000, with revenues deposited in the multimodal transportation account

Adds 0.5% tax on recreational vessel purchases beginning July 1, 2026, and dedicates 0.1% of general retail sales/use tax to the multimodal transportation account beginning July 1, 2027

Delays effective date of tow truck impound provisions from February 1, 2026 to July 1, 2027, and modifies tire disposal fee administration by changing seller retention calculation methodology