WA People
BILL · 2025–26 SESSION

HB 2724: Tax on millionaires

Establishing a tax on millionaires.

Did not pass Did not pass · died in committee
  1. IntroducedFeb 4, 2026
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Joe Fitzgibbon (D-34)
Introduced
February 4, 2026 in the House
Last action
February 4, 2026
Companion bill
SB 6346
Budget
Has a fiscal note

AN ACT Relating to investing in Washington families and businesses to fund K-12 education, health care, higher education, other essential governmental services, and the working families' tax credit, and to reduce certain sales and use taxes and certain business and occupation taxes by establishing a tax on millionaires;

Sponsors

Prime sponsor: Joe Fitzgibbon (D-34)

36 co-sponsors (36 Democrats, 0 Republicans)

April Berg D-44Sharlett Mena D-29Gerry Pollet D-46Steve Bergquist D-11Lillian Ortiz-Self D-21Alex Ramel D-40Chipalo Street D-37Liz Berry D-36Davina Duerr D-1Lisa Parshley D-22Debra Lekanoff D-40Beth Doglio D-22Mia Gregerson D-33Nicole Macri D-43Cindy Ryu D-32Timm Ormsby D-3Julia Reed D-36Sharon Tomiko Santos D-37Janice Zahn D-41My-Linh Thai D-41Chris Stearns D-47Strom Peterson D-21Sharon Wylie D-49Mary Fosse D-38Julio Cortes D-38Brianna Thomas D-34Shaun Scott D-43Darya Farivar D-46Jake Fey D-27Lisa Callan D-5Edwin Obras D-33Jamila Taylor D-30Shelley Kloba D-1Steve Tharinger D-24Adam Bernbaum D-24Monica Jurado Stonier D-49

Votes

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

History

  1. First reading, referred to Finance.

HB 2724 in other sessions

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

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