Establishing an income tax on individuals with Washington taxable income over $1,000,000 per year and households with income over $2,000,000 per year.

 H-3582.2

HOUSE BILL 2738

State of Washington

69th Legislature

2026 Regular Session

By Representative Walen

Read first time 02/19/26. Referred to Committee on Finance.

AN ACT Relating to establishing an income tax on individuals with Washington taxable income over $1,000,000 per year and households with income over $2,000,000 per year, contingent on the passage of a constitutional amendment authorizing such an income tax; amending RCW 82.32.050 , 82.32.060 , 82.32.090 , 2.10.180 , 2.12.090 , 6.15.020 , 41.24.240 , 41.32.052 , 41.34.080 , 41.35.100 , 41.40.052 , 41.44.240 , 41.26.053 , 43.43.310 , 82.08.0206 , 82.04.4451 , 82.32.045 , 82.04.288 , and 1.90.100 ; amending 2023 c 456 s 3 (uncodified); reenacting and amending RCW 82.08.020 ; adding a new section to chapter 82.08 RCW; adding a new section to chapter 82.12 RCW; adding a new Title to the Revised Code of Washington to be codified as Title 82A RCW; creating new sections; prescribing penalties; providing an effective date; providing a contingent effective date; and providing an expiration date.

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

PART I

DEFINITIONS