WA People
BILL · 2025–26 SESSION

HB 1376: Capital gains tax prepayment

Concerning the prepayment of capital gains taxes six months prior to the due date.

Summary

  • Authorizes taxpayers realizing a long-term capital gain to prepay their capital gains tax liability up to six months prior to the due date.

From the House Bill Report (HB 1376), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 191, Laws of 2026
  1. IntroducedJan 17, 2025
  2. Out of committeeFeb 28, 2025
  3. Passed HouseJan 15, 2026
  4. Passed SenateMar 6, 2026
  5. GovernorMar 24, 2026
  6. LawMar 24, 2026
Prime sponsor
Ed Orcutt (R-20)
Introduced
January 17, 2025 in the House
Last action
March 24, 2026
Session law
Chapter 191, Laws of 2026
Budget
Has a fiscal note

AN ACT Relating to the prepayment of capital gains taxes six months prior to the due date;

Sponsors

Prime sponsor: Ed Orcutt (R-20)

4 co-sponsors (0 Democrats, 4 Republicans)

Mark Klicker R-16Cyndy Jacobsen R-25John Ley R-18Andrew Barkis R-2

Votes

House · 3rd Reading & Final Passage

Passed January 15, 2026
Version voted on: HB 1376
97 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat58001
Republican39000
How each member voted

Yea (97)

Excused (1)

Permalink to this vote

Senate · 3rd Reading & Final Passage as Amended by the Senate

Passed March 6, 2026
Version voted on: HB 1376
48 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat30000
Republican18001
How each member voted

Yea (48)

Excused (1)

Permalink to this vote

House · Final Passage as Amended by the Senate

Passed March 12, 2026
Version voted on: HB 1376
96 Yea 0 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat58001
Republican38001
How each member voted

Yea (96)

Excused (2)

Permalink to this vote

History

  1. Effective date 6/11/2026.
  2. Chapter 191, 2026 Laws.
  3. Governor signed.
  4. Passed final passage; yeas, 96; nays, 0; absent, 0; excused, 2.
  5. House concurred in Senate amendments.
  6. President signed.
  7. Speaker signed.
  8. Delivered to Governor.
  9. Third reading, passed; yeas, 48; nays, 0; absent, 0; excused, 1.
  10. Rules suspended. Placed on Third Reading.
  11. Committee amendment(s) adopted with no other amendments.
  12. Placed on second reading by Rules Committee.
  13. Passed to Rules Committee for second reading.
  14. WM - Majority; do pass with amendment(s).
  15. First reading, referred to Ways & Means.
  16. Third reading, passed; yeas, 97; nays, 0; absent, 0; excused, 1.
  17. Rules suspended. Placed on Third Reading.
  18. Rules Committee relieved of further consideration. Placed on second reading.
  19. By resolution, reintroduced and retained in present status.
  20. Referred to Rules 2 Review.
  21. FIN - Majority; do pass.
  22. FIN - Executive action taken by committee.
  23. First reading, referred to Finance.

HB 1376 in other sessions

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

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