WAS LEG Capital Assets Excise Tax

Updated on: Jun 10, 2025

Latest Event


  • May 2025 WAS LEG Governor Approval
  • On May 20, 2025, WAS LEG reported governor signed bill, assigned Chapter 422.
  • Document dated May 20, 2025, was added on Jun. 10, 2025, due to editorial backfill.

On Apr. 27, WAS LEG passed bill to extend the retail sales tax.

  • WAS LEG passed SB 5814 (HB2083) re certain excise taxes application, administration.
  • Amends amending WAS FIN 82.04.192, WAS FIN 82.26.010, and WAS FIN 82.04.050.
  • Document dated Apr. 27, 2025, was received on Apr. 30, 2025 due to a fixed feed.
  • Bill Provisions
  • Modernizes the excise taxes on select services and nicotine products and requires certain large businesses to make a one-time prepayment of state sales tax collection.
  • Enhances funding for public schools, health care, social services through tax revenues.
  • Extends sales taxes to previously exempt computer-related services like IT consulting and training, website design and software development; certain advertising is exempt.
  • Makes certain products containing nicotine subject to the other tobacco products tax.
  • Legislative History
  • On Apr. 16, 2025, bill introduced in Senate; on Apr. 19, 2025, bill passed the Senate.
  • On Apr. 21, 2025, bill introduced in the House; on Apr. 23, 2025, bill passed House.
  • On Apr. 24, 2025, House concurred amendments; on Apr. 27, 2025, sent to governor.
  • Effectiveness
  • Effective Jul. 27, except S. 101, 201 effective Oct. 1; S. 301 effective Jan. 1, 2026.
  • May 2025 WAS LEG Governor Approval
  • On May 20, 2025, WAS LEG reported governor signed bill, assigned Chapter 422.
  • Document dated May 20, 2025, was added on Jun. 10, 2025, due to editorial backfill.
Regulators
WAS LEG
Entity Types
Corp
Reference
Ch. 422, 5/20/2025; Bill, SB5814, HB2083, 4/27/2025; Citation: *WAS FIN* 82.04.192, 82.26.010, 82.04.050;
Functions
Compliance; Financial; Legal; Tax
Countries
United States of America
Category
State
N/A
Products
Corporate
Rule Type
Final
Regions
Am
Rule Date
Apr 27, 2025
Effective Date
Jul 27, 2025
Rule ID
252945
Linked to
N/A
Reg. Last Update
May 20, 2025
Report Section
US Consumer