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.



ENGROSSED SUBSTITUTE HOUSE BILL 2081

State of Washington

69th Legislature

2025 Regular Session

By House Finance (originally sponsored by Representatives Fitzgibbon, Peterson, Pollet, Parshley, Scott, Reed, Berry, and Macri)

READ FIRST TIME 04/19/25.

AN ACT Relating to funding public schools, including higher education, health care, social services, and other programs and services to benefit Washingtonians by 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 with annual revenues with more than $250,000,000; amending RCW 82.04.230 , 82.04.240 , 82.04.250 , 82.04.257 , 82.04.263 , 82.04.270 , 82.04.280 , 82.04.285 , 82.04.290 , 82.04.2905 , 82.04.2906 , 82.04.260 , 82.04.29004 , and 82.04.4281 ; reenacting and amending RCW 82.04.260 and 82.04.299 ; adding a new section to chapter 82.32 RCW; adding a new section to chapter 82.04 RCW; creating new sections; providing effective dates; and providing expiration dates.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

PART I

BUSINESS AND OCCUPATION RATE CHANGES