Repealing the business and occupation tax increases enacted in 2025.

Summary

The bill removes a series of tax rate hikes and surcharges that were added in 2025 for businesses, high‑grossing firms, financial institutions, and advanced computing activities. It restores the prior tax structure, affecting all Washington businesses that would have paid the higher rates. The change is intended to reduce tax burdens and takes effect April 1 2026.

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