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Bill

HB 2672

Requiring certain disclosures from private entities that receive state funding.

2025-2026 Regular Session Introduced by Travis Couture and 3 co-sponsors

HB 2672 mandates private entities receiving Washington state funding to provide specific public disclosures, increasing transparency but potentially burdening compliance.

First reading, referred to Technology, Economic Development, & Veterans.
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Bill Summary · HB 2672

Legislative bill overview

HB 2672 requires private entities receiving state funding to make certain disclosures, though the specific disclosure requirements are not detailed in the available information. The bill was introduced in the Washington state legislature and referred to the Technology, Economic Development, & Veterans committee on January 27, 2026.

Why is this important

Transparency requirements for state-funded private entities can help ensure public accountability and allow taxpayers to understand how government money is being used. However, the actual impact depends entirely on what disclosures are mandated—ranging from financial audits to executive compensation to operational metrics.

Potential points of contention

  • Scope ambiguity: Unclear which private entities qualify as "receiving state funding" (direct contracts, grants, tax incentives, indirect benefits) could create compliance confusion or unintended consequences
  • Compliance burden: Disclosure requirements may impose administrative costs on smaller organizations or nonprofits, potentially discouraging them from accepting state funding
  • Proprietary information concerns: Mandatory disclosures could expose business trade secrets or competitive information, particularly affecting for-profit contractors

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

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