First reading, referred to Finance.
Summary
The bill reinstates the earlier Washington estate‑tax brackets and rates, applying them to all property transfers within the state. It affects estates of Washington residents, with different tables for deaths before July 1 2025, between July 1 2025 and April 1 2026, and after April 1 2026, and includes a proportional rule for out‑of‑state assets. The change matters because it reverses recent tax reductions and clarifies the state’s independent estate‑tax system.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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