Washington: Voter Approval Required on Proposed Tax Increases
- Jul 17, 2013 | Gail Cole
Washington State lawmakers have approved a $33.6 billion two-year state budget that includes numerous tax increases. But wait! Thanks to a 2007 initiative, the tax increases cannot take effect unless they are also approved by Washington State voters. The proposed tax increases will therefore be on the November 2013 ballot.
Proposed Washington State tax increases:
HB 1971 would address “the vast disparity in tax policy for communications services….” By clarifying that “the residential service exemption in RCW 82.08.0289 has always applied only to residential nontoll telephone service offered under a tariff filed with the utilities and transportation commission….” It would take effect July 1, 2014.
HB 1846 would expand Washington’s 2% premium tax to pediatric dental services provided under stand-alone insurance plans.
HB 2075 would close a so-called loophole in Washington’s estate tax and increase certain rates. It would apply “to estates of decedants dying on or after January 1, 2014.”
SB 5444 would eliminate certain tax exemptions for leases of publicly owned property.
SB 5627 would increase excise taxes on commercial commuter aircraft.
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