Modifying business and occupation tax surcharges, rates, and the advanced computing surcharge cap, clarifying the business and occupation tax deduction for certain investments, and creating a temporary business and occupation tax surcharge on large companies.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill modifies Washington's business and occupation (B&O) tax structure, including surcharges and rates that could affect the funding mechanisms available for education-related tax benefits or credits that homeschooling families might access.
Why it matters: Changes to state tax rates and surcharges can indirectly influence the fiscal capacity for education savings accounts, tax credits for educational expenses, or other financial programs that homeschooling families may rely on, though this bill does not explicitly address homeschooling.
Topic: esa_voucher_taxcredit · classifier confidence 35%
What this changes
Other
Law today: The bill does not spell out the prior law.
If passed: This bill modifies Washington State's business and occupation tax by adjusting surcharges, rates, and caps on advanced computing taxes, and creates a new temporary surcharge on large companies. These are state-level business tax changes that do not directly regulate homeschooling or education.
AI-generated from the bill text — verify against the official text.
Should I support this?
Little direct impact
This bill concerns state business taxation and does not directly affect homeschooling regulations, requirements, freedoms, or funding. Homeschooling families would not experience a direct change in their ability to homeschool or their educational flexibility.
An AI assessment from a Christian-family perspective — religious freedom, parental rights, and freedom in education — not legal or voting advice.
Official summary
Modifying business and occupation tax surcharges, rates, and the advanced computing surcharge cap, clarifying the business and occupation tax deduction for certain investments, and creating a temporary business and occupation tax surcharge on large companies.
Sponsors
- Joe Fitzgibbon (D)
- Strom Peterson (D)
- Gerry Pollet (D)
- Lisa Parshley (D)
- Shaun Scott (D)
- Julia Reed (D)
- Liz Berry (D)
- Nicole Macri (D)
Status timeline
- 2025-05-20Effective date 7/27/2025*.H
- 2025-05-20Chapter 420, 2025 Laws.H
- 2025-05-20Governor signed.H
- 2025-04-27Delivered to Governor.H
- 2025-04-26President signed.S
- 2025-04-26Speaker signed.H
- 2025-04-26Third reading, passed; yeas, 26; nays, 22; absent, 0; excused, 0.S
- 2025-04-26Rules suspended. Placed on Third Reading.S
- 2025-04-25Placed on second reading by Rules Committee.S
- 2025-04-25Passed to Rules Committee for second reading.S
- 2025-04-25Minority; do not pass.S
- 2025-04-25WM - Majority; do pass.S
- 2025-04-25Executive action taken in the Senate Committee on Ways & Means at 1:30 PM.S
- 2025-04-23Public hearing in the Senate Committee on Ways & Means at 1:30 PM.S
- 2025-04-22First reading, referred to Ways & Means.S
- 2025-04-22Third reading, passed; yeas, 50; nays, 48; absent, 0; excused, 0.H
- 2025-04-22Rules suspended. Placed on Third Reading.H
- 2025-04-22Floor amendmentH
- 2025-04-21Held on calendar.H
- 2025-04-21Amendment ruled beyond the scope and object of the bill.H
- 2025-04-211st substitute bill substitutedH
- 2025-04-19Placed on second reading.H
- 2025-04-19Minority; do not pass.H
- 2025-04-19FIN - Majority; 1st substitute bill be substituted, do pass.H
- 2025-04-19Executive action taken in the House Committee on Finance at 9:00 AM.H
- 2025-04-18Public hearing in the House Committee on Finance at 8:00 AM.H
- 2025-04-16First reading, referred to Finance.H
H = House · S = Senate · A = Assembly