Rep. Lisa Parshley

Maddy summaryHB 2046 imposes a tax of $8 for every $1,000 in market value on Washington residents' financial intangible assets (like stocks, bonds, and mutual funds) exceeding $50 million in value. It exempts assets such as private company ownership, pensions, retirement accounts, and the first $50 million of holdings. Revenue from this tax will fund K-12 schools, early learning programs, child care, and higher education through the Education Legacy Trust Account. The bill targets high-value financial investments held by residents while excluding common retirement and private business assets.

Maddy summaryThis bill allows qualifying Washington counties to impose a 0.1% sales tax to fund behavioral health diversion programs. The tax must be used exclusively for initiatives that prevent individuals with behavioral health needs from entering or remaining in the criminal justice system - such as diverting people facing up to class C felony charges, reducing repeated competency evaluations, and creating county-wide strategies for housing and support. Counties must first have a state-approved behavioral health diversion plan before implementing the tax. The law is contingent on another bill (HB 1218) being enacted by August 1, 2025.

Maddy summaryHB 1785 imposes a surcharge on Washington-based publicly traded companies with CEO pay at least 50 times the median employee wage. The surcharge is 10% for ratios of 50-149:1 and 25% for ratios of 150:1 or higher, applied to state corporate taxes starting January 1, 2026. Companies must disclose their executive pay ratio to the SEC (per Dodd-Frank Act); failure to report triggers the 25% rate. All revenue from the surcharge funds the state general fund.

Maddy summaryHouse Bill 1758 revises the method for calculating the inflation rate used in state-owned aquatic land leases. The bill changes the economic index referenced from the "all commodity producer price index" to the "Seattle area consumer price index, all urban consumers (CPI-U)." This amendment directly affects the Department of Natural Resources and those who lease state-owned tidelands, shorelands, harbor areas, and beds of navigable waters. The purpose is to update the economic measure used for adjusting these lease rates.

Maddy summaryThis bill prohibits health insurers (acting as third-party administrators) from requiring state-owned hospital systems to join their commercial health plans as a condition for negotiating self-funded health coverage for public employees. It directly affects Washington state hospitals and public employee health plans by banning this specific bundling tactic. The key provision states health carriers cannot link participation in their commercial products to negotiations for self-funded plans offered to public employees. The law applies to health carriers defined under Washington law and creates a clear rule against coercive contracting practices.

Maddy summaryHB 1568 expands financial aid eligibility for Washington college students by raising the income threshold for full Washington College Grant coverage from 50% to 70% of the state median family income (adjusted for family size). It also creates a new $500 annual "bridge grant" for students receiving the maximum Washington College Grant but not the College Bound Scholarship, covering non-tuition costs like books, housing, and transportation. The bridge grant applies starting the 2025-26 academic year to students enrolled at least half-time. This bill directly affects low-income undergraduate students attending Washington state colleges and universities.

Maddy summaryHB 1433 would establish a regulated system in Washington for adults 21+ to access psychedelic substances for therapeutic use under licensed professionals. It directs the Department of Health to license facilitators and service centers, and the Liquor & Cannabis Board to oversee manufacturers and testing, requiring sessions in controlled environments with trained guides. The bill emphasizes reducing costs to improve equity, particularly for historically disadvantaged communities, while explicitly stating it does not require insurance coverage or override federal law. This would create a legal framework for safe, supervised use and research, pending legislative approval.

Maddy summaryHB 2009 clarifies how Washington's real estate excise tax is calculated when selling a controlling interest (like majority ownership) in a company that owns real estate in the state. It specifies that the tax is based on the true value of the real property multiplied by the percentage of the controlling interest being sold, rather than the total sale price of the company. If the property's value can't be determined, the tax uses the county's property tax assessment value at the time of sale. This applies directly to businesses and individuals transferring ownership stakes in real estate-holding entities, ensuring consistent tax calculation for these transactions. The bill takes effect August 1, 2025.

Maddy summaryHouse Bill 1857 updates regulations concerning asbestos-containing building materials in Washington state, primarily impacting manufacturers, distributors, and owners of certain facilities. The bill lowers the definition of an "asbestos-containing building material" from over one percent to over 0.1 percent asbestos by weight or area, effective January 1, 2025, which expands the scope of materials subject to labeling requirements. It mandates that owners of manufacturing facilities (NAICS codes 31-33) conduct regular inspections for asbestos and maintain an asbestos management plan. The bill also amends existing prohibitions on the use of these materials in new construction and renovations, adding an exemption for commercial aggregates.

Maddy summaryHB 1736 establishes new procedures for reporting and investigating missing persons in Washington State. It requires law enforcement to file reports with the state patrol's missing persons unit after 30 days or if criminal activity is suspected, collect DNA samples with consent, and access dental records through written authorization. The bill mandates a statewide public website displaying missing persons' names, photos, and descriptions for at least 30 days, with regular updates to national systems. It repeals outdated laws about missing persons reporting (RCW 36.28A.110, 112, and 120) to streamline the process. These changes directly affect law enforcement agencies, families of missing persons, and the public through improved information sharing.