WA People
BILL · 2013–14 SESSION · LATEST VERSION EHB 2075

HB 2075: Estate, transfer tx/edu acct

Preserving funding deposited into the education legacy trust account used to support common schools and access to higher education by restoring the application of the Washington estate and transfer tax to certain property transfers while modifying the estate and transfer tax to provide tax relief for certain estates.

Summary

  • Requires certain marital trust property to be included in the estate for purposes of the Washington estate tax.
  • Provides a deduction for family-owned businesses.
  • Adjusts the $2 million deduction by inflation on an annual basis.
  • Increases the top four estate tax rates.

From the Engrossed House Bill Report (EHB 2075), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 2, Laws of 2013, 2nd Special Session
  1. IntroducedJun 12, 2013
  2. Out of committeeJun 12, 2013
  3. Passed HouseJun 13, 2013
  4. Passed SenateJun 13, 2013
  5. GovernorJun 14, 2013
  6. LawJun 14, 2013
Prime sponsor
Senator (D-36)
Introduced
June 12, 2013 in the House
Last action
June 14, 2013
Session law
Chapter 2, Laws of 2013, 2nd Special Session
Budget
Has a fiscal note

AN ACT Relating to preserving funding deposited into the education legacy trust account used to support common schools and access to higher education by restoring the application of the Washington estate and transfer tax to certain property transfers while modifying the estate and transfer tax to provide tax relief for certain estates;

Sponsors

Prime sponsor: Senator (D-36)

1 co-sponsor (1 Democrat, 0 Republicans)

Mary Helen Roberts D-21

Votes

House · Final Passage

Passed June 13, 2013
Version voted on: EHB 2075
53 Yea 33 Nay 0 Absent 11 Excused
PartyYeaNayAbsentExcused
Democrat51103
Republican23208
How each member voted

Yea (53)

Permalink to this vote

Senate · 3rd Reading & Final Passage

Passed June 13, 2013
Version voted on: EHB 2075
30 Yea 19 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat25100
Republican51800
How each member voted
Permalink to this vote

History

  1. Effective date 6/14/2013*. (EHB 2075)
  2. Chapter 2, 2013 Laws 2nd Special Session. (EHB 2075)
  3. Governor signed. (EHB 2075)
  4. Delivered to Governor. (EHB 2075)
  5. President signed. (EHB 2075)
  6. Speaker signed. (EHB 2075)
  7. Read first time, rules suspended, and placed on second reading calendar. (EHB 2075)
  8. Third reading, passed; yeas, 53; nays, 33; absent, 0; excused, 11. (EHB 2075)
  9. Rules suspended. Placed on Third Reading. (EHB 2075)
  10. Floor amendment(s) adopted. (EHB 2075)
  11. Third reading, passed; yeas, 30; nays, 19; absent, 0; excused, 0. (EHB 2075)
  12. Rules suspended. Placed on Third Reading. (EHB 2075)
  13. Read first time, rules suspended, and placed on second reading calendar. (EHB 2075)

HB 2075 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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