BILL · 2017–18 SESSION

SB 5959: Capital gains tax

Establishing a capital gains tax.

Summary

Imposes a tax on individuals for the privilege of selling or exchanging long-term capital assets or receiving Washington capital gains. Allows a business and occupation tax deduction against a person's gross income of the business.

From the Bill Digest (SB 5959), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee

AN ACT Relating to establishing a capital gains tax;

No recorded floor votes. This measure never reached a floor vote.

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

SB 5959 (2025–26) Charity care residency · Did not pass · died in committee
SB 5959 (2023–24) Traffic safety cameras · Did not pass · died in committee
SB 5959 (2021–22) FML insurance solvency · Did not pass · died in committee
SB 5959 (2019–20) Livestock identification · Enacted · Chapter 92, Laws of 2019
SB 5959 (2015–16) Natural resources management · Did not pass · passed Senate, stalled in House
SB 5959 (2013–14) Educator prof. learning days · Did not pass · died in committee
SB 5959 (2011–12) K-12 educator employment · Did not pass · died in committee
SB 5959 (2009–10) State need grant program · Did not pass · died in committee