HB 2084 Washington House · 2025-2026 Regular Session

Increasing funding for K-12, health care, and public safety by repealing or modifying tax preferences for certain industries and goods.

House Bill 2084 seeks to increase state funding for K-12 education, health care, and public safety by modifying certain tax preferences. The bill repeals an existing tax exclusion, making sales of precious metal bullion and monetized bullion subject to state taxes. Additionally, it clarifies that businesses operating self-service storage facilities are subject to the state's business and occupation (B&O) tax for renting or leasing individual storage spaces. These changes aim to generate revenue for the specified public services.

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2026

Committee Review

Floor Vote

Governor

Introduced Jan 12, 2026 Last action Jan 12, 2026

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What changed between versions

Bill → Substitute Bill · 5 edits

MODERATE

The bill was amended to reflect its progression from a House Bill to a Substitute Bill, which involved significant restructuring of tax provisions. The original text included a specific tax on self-service storage units and a separate section for aerospace product development, but these were removed and consolidated into a broader section covering various business activities. Additionally, the bill's scope was narrowed by removing references to amending RCW 82.04.460 and deleting the expiration date for certain provisions, while the effective dates for the remaining sections were adjusted.

Scope change

The bill's scope was narrowed by removing the specific tax on self-service storage units and the aerospace product development tax, which were merged into a general business activity tax. The list of amended statutes was also reduced, and the expiration date for specific provisions was removed.

SCOPE

Removed the specific tax provision for self-service storage facilities, which previously imposed a 1.75% or 1.5% tax rate on storage unit rentals.

Removed the specific tax provision for aerospace product development, which previously imposed a 0.9% tax rate on that industry.

FISCAL

Replaced the specific storage and aerospace tax sections with a consolidated section imposing a 0.275% tax on international investment management services and a 1.75% or 1.5% tax on other business activities.

REQUIREMENT

Updated the list of amended statutes in Section 202 to remove references to RCW 82.04.460 and 2023 c 286 s 5, and added specific language regarding self-service storage facilities in the real estate exemption.

TIMELINE

Removed the expiration date for Section 203 (which previously expired on January 1, 2034) and adjusted the effective dates for the remaining sections.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Jan 12, 2026

Introduced

By resolution, reintroduced and retained in present status.

lower

Apr 27, 2025

Committee

Referred to Rules 2 Consideration.

lower

Apr 19, 2025

Lower · Passed

Minority; do not pass.

lower

Apr 19, 2025

Lower · Passed

Executive action taken in the House Committee on Finance at 9:00 AM.

lower

Apr 18, 2025

Lower · Passed

Public hearing in the House Committee on Finance at 8:00 AM.

lower

1 primary · 6 co-sponsors