KLS Keeping Law Simple Legislation in plain English

Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

Back to Washington

HB2335 • 2026

B&O tax increases repeal

Repealing the business and occupation tax increases enacted in 2025.

Taxes
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Representative Orcutt, Representative Barnard, Representative Graham, Representative Keaton, Representative Ley, Representative Engell, Representative Connors, Representative Dufault, Representative Klicker, Representative Jacobsen, Representative McClintock, Representative Dent, Representative Valdez, Representative Marshall, Representative Couture, Representative Manjarrez
Last action
2026-01-12
Official status
H Finance
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

B&O tax increases repeal

B&O tax increases repeal

What This Bill Does

  • B&O tax increases repeal

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-01-12 House

    First reading, referred to Finance.

Official Summary Text

B&O tax increases repeal

Current Bill Text

Read the full stored bill text 
AN ACT Relating to repealing the business and occupation tax 1
increases enacted in 2025; repealing RCW 82.04.288; repealing 2025 c 2
420 ss 101, 102, 103, 104, 105, 106, 107, 108, 109, 110, 111, 112, 3
113, 202, and 301; creating a new section; providing an effective 4
date; and declaring an emergency. 5
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:6
PART I7
BUSINESS AND OCCUPATION RATE CHANGES8
NEW SECTION. Sec. 101. The following acts or parts of acts are 9
each repealed:10
(1) 2025 c 420 s 101; 11
(2) 2025 c 420 s 102; 12
(3) 2025 c 420 s 103; 13
(4) 2025 c 420 s 104; 14
(5) 2025 c 420 s 105; 15
(6) 2025 c 420 s 106; 16
(7) 2025 c 420 s 107; 17
(8) 2025 c 420 s 108; 18
(9) 2025 c 420 s 109; 19
(10) 2025 c 420 s 110; 20
H-2714.1
HOUSE BILL 2335
State of Washington 69th Legislature 2026 Regular Session
By Representatives Orcutt, Barnard, Graham, Keaton, Ley, Engell,
Connors, Dufault, Klicker, Jacobsen, McClintock, Dent, Valdez,
Marshall, Couture, and Manjarrez
Prefiled 01/08/26. Read first time 01/12/26. Referred to Committee
on Finance.
p. 1 HB 2335
(11) 2025 c 420 s 111; 1
(12) 2025 c 420 s 112; and 2
(13) 2025 c 420 s 113. 3
PART II4
SURCHARGE ON HIGH GROSSING BUSINESSES AND FINANCIAL INSTITUTIONS5
NEW SECTION. Sec. 201. The following acts or parts of acts are 6
each repealed:7
(1) RCW 82.04.288 (Surcharge on Washington taxable income over 8
$250,000,000— Exemptions. (Effective January 1, 2026, until December 9
31, 2029.)) and 2025 c 420 s 201; and 10
(2) 2025 c 420 s 202. 11
PART III12
ADVANCED COMPUTING SURCHARGE13
NEW SECTION. Sec. 301. 2025 c 420 s 301 is repealed.14
PART IV15
MISCELLANEOUS PROVISIONS16
NEW SECTION. Sec. 401. RCW 82.32.805 and 82.32.808 do not apply 17
to this act.18
NEW SECTION. Sec. 402. If any provision of this act or its 19
application to any person or circumstance is held invalid, the 20
remainder of the act or the application of the provision to other 21
persons or circumstances is not affected.22
NEW SECTION. Sec. 403. This act is necessary for the immediate 23
preservation of the public peace, health, or safety, or support of 24
the state government and its existing public institutions, and takes 25
effect April 1, 2026.26
--- END ---
p. 2 HB 2335