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SB 6347

Undoing the recent changes to the estate tax. (REVISED FOR ENGROSSED: Undoing certain changes to the estate tax.)

2025-2026 Regular Session Introduced by Manka Dhingra and 3 co-sponsors

Washington reverses recent estate tax modifications, restoring earlier exemption levels or tax rates to increase state revenue from high-net-worth inheritances.

Effective date 6/11/2026.
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WeVote Research Nonpartisan
Bill Summary · SB 6347

Legislative bill overview

SB 6347 reverses recent modifications to Washington State's estate tax, restoring previous tax parameters or exemption thresholds. The bill passed with strong bipartisan support (39-10) and has been delivered to the Governor for final approval.

Why is this important

Estate tax changes directly affect wealth transfer for high-net-worth individuals and families, influencing tax revenue for the state and financial planning decisions. Washington's estate tax is one of the nation's most aggressive, so adjustments significantly impact both state finances and individuals with substantial assets.

Potential points of contention

  • Revenue implications: Reverting estate tax changes may reduce state revenue or increase it, depending on whether recent changes lowered or raised the tax burden
  • Economic competitiveness: Critics argue higher estate taxes encourage wealthy residents to relocate to lower-tax states, while supporters view it as necessary revenue for public services
  • Fairness and family businesses: Opponents contend estate taxes harm family-owned businesses and farms passed to heirs, while proponents argue it addresses wealth inequality and funds state priorities

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

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