WeVote
Log In

Bill

Bill

HB 2019

Making the estate tax more progressive.

2025-2026 Regular Session Introduced by Nicole Macri and 6 co-sponsors

Washington HB 2019 restructures state estate tax to be more progressive, adjusting rates or thresholds to shift greater burden to larger estates while reducing taxes on smaller ones.

By resolution, reintroduced and retained in present status.
0
WeVote Research Nonpartisan
Bill Summary · HB 2019

Legislative bill overview

HB 2019 proposes modifications to Washington State's estate tax structure to make it more progressive, meaning it would likely increase tax rates or lower exemption thresholds on larger estates while potentially reducing the burden on smaller estates. The bill was recently introduced and is currently in the House Committee on Finance following its first reading on February 24, 2025.

Why is this important

Washington State's estate tax currently applies to estates exceeding $2.193 million (2025), generating revenue for the state while affecting relatively few taxpayers. Changes to the tax's progressivity could impact wealth transfer among families, state revenue collection, and the competitiveness of Washington as a residence for wealthy individuals, while potentially affecting small business and farm succession planning.

Potential points of contention

  • Revenue vs. economic competitiveness: Increasing estate tax burden may generate state revenue but could incentivize wealthy residents to relocate to states without estate taxes, potentially reducing the tax base
  • Small business and agricultural impact: Farms and family businesses may face liquidity challenges when owners pass assets to heirs, despite arguments that progressive structures can be designed with exemptions
  • Definition of "progressive": Stakeholders will debate whether the proposed changes genuinely benefit middle-class estates or primarily affect high-net-worth individuals, and what specific rate/threshold changes constitute "more progressive"

Compiled from official sources — confirm details with the bill’s official record.

Sign in to ask a question.