Bill
SB 5796
Enacting an excise tax on large employers on the amount of payroll expenses above the social security wage threshold to fund programs and services to benefit Washingtonians.
2025-2026 Regular Session
Introduced by Emily Alvarado and 10 co-sponsors
Imposes a 5% tax on payroll above the Social Security wage base for large Washington employers, with an $7 million+ exemption and city payroll tax credit.
Public hearing in the Senate Committee on Ways & Means at 4:00 PM.