Notice of Introduction for House Bill 2292 - Update: 10 Year Analysis Complete
Office of the Governor / Office of Financial Management sent this bulletin at 02/02/2026 05:53 PM PST
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UPDATE: The 10 year analysis for HB 2292, titled AN ACT Relating to taxation of a long-term capital gain of a section 1202 small business stock, has been completed. The Office of Financial Management has identified this bill as requiring a ten-year
projection of increased cost to the taxpayers or affected fee payers.
Ten-year projection:
|
Fiscal |
Capital gains tax |
|
|
|
||
|
2026 |
$0 |
|
|
2027 |
$1,200,000 |
|
|
2028 |
$1,100,000 |
|
|
2029 |
$1,100,000 |
|
|
2030 |
$1,100,000 |
|
|
2031 |
$1,100,000 |
|
|
2032 |
$1,100,000 |
|
|
2033 |
$1,100,000 |
|
|
2034 |
$1,100,000 |
|
|
2035 |
$1,100,000 |
|
|
|
||
|
Total: |
$10,000,000 |
|
Ten-year projection prepared in consultation with the following agencies:
Department of Revenue
Bill sponsors and contact information:
Representative April Berg, Prime Sponsor
Democrat
(360) 786-7892
April.Berg@leg.wa.gov
Representative My-Linh Thai
Democrat
(360) 786-7926
my-linh.thai@leg.wa.gov
Representative Janice Zahn
Democrat
(360) 786-7894
Janice.Zahn@leg.wa.gov
Representative Davina Duerr
Democrat
(360) 786-7928
davina.duerr@leg.wa.gov
Representative Kristine Reeves
Democrat
(360) 786-7830
kristine.reeves@leg.wa.gov
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp