SB 6346 would impose a new tax on Washington households with annual income of $1 million or more, affecting approximately the top 0.5% of earners. Revenue generated would fund K-12 education, health care, higher education, and human services programs. The tax excludes income from selling family-owned businesses and real estate, while also including reductions to sales taxes on essentials like personal care products and business taxes through credits. This policy aims to shift tax burden toward high earners to support public services, as the bill states Washington’s current system is the second most regressive in the nation.
SB 5346 requires Washington public school districts to adopt policies restricting student mobile device use during instructional hours by the 2026-27 school year. It directs the state superintendent to report on existing policies and recommend strategies (like time limits or secure storage) by December 2025, leading to a model policy developed by school directors. School districts must align their local policies with this model and share them annually with students and families. The bill excludes school-issued devices and defines "instructional hours" per existing law, focusing on reducing distractions and supporting mental health without specifying direct device bans.
SB 5828 adjusts the maximum Washington College Grant amount for students attending private four-year nonprofit institutions in Washington. Currently capped at $9,739 for 2019-20 (with annual increases limited by tuition growth), the grant will change starting in 2026-27 to equal 50% of the average award given to students at public four-year institutions. This directly affects students enrolled at qualifying private nonprofit colleges in Washington, ensuring their grant amount aligns with public institution funding trends. The bill amends existing grant program rules without altering eligibility for the separate College Bound Scholarship program.
SB 5797 enacts a new tax on certain financial intangible assets, such as stocks and bonds, in Washington State. The bill levies a tax of $0.34 for every $1,000 of true and fair value of these assets. It primarily affects individuals and artificial persons with over $50,000,000 in taxable financial intangible assets, while exempting retirement savings, college savings, and ownership interests in private companies. Revenues generated from this tax are dedicated to the education legacy trust account to support public schools, early learning, child care, and higher education.
HB 1296, "Promoting a safe and supportive public education system," enacts new requirements for public schools, charter schools, and state-tribal education compact schools in Washington. The bill prioritizes student safety, access to education free of discrimination, and privacy within the school system. It expands protected characteristics to include ethnicity, gender expression, gender identity, homelessness, immigration or citizenship status, and neurodivergence in anti-discrimination policies. Furthermore, the bill mandates that schools develop and share a "Statement of Student Rights" through educational and promotional materials, including civics education, to inform students of their entitlements.
HB 2049 aims to enhance funding for K-12 education and communities by modifying state and local property tax authority and adjusting the school funding formula. The bill revises the maximum dollar amount school districts can levy for enrichment, setting it as the lesser of $2.50 per $1,000 of assessed value or a per-pupil limit. This per-pupil limit is updated with specific "inflation enhancements" through 2030 and establishes a new base amount starting in 2031, impacting funding based on student enrollment. Additionally, it adjusts how the state provides local effort assistance funding to supplement these school district enrichment levies.
