b'$339M (2025-27). Current Status: HSB 5813Increasing Funding formove out of this committee on April 18.Financescheduled to move out ofthe Education Legacy Account bySB 5797Financial Intangibles Tax this committee on April 18. Changing the Rate Structure for(Wealth Tax)Would add a tax of SB 5812Companion bill to HBCapital Gains and Estate Taxes $10 on every $1,000 of assessed value 2049. Current Status: S Ways &Would add a 2.9% excise tax to ato specific financial assets, stocks, Means - scheduled to move out of thispersons capital gains which exceedbonds, etc.; would raise $4B per year. committee on April 18. $1M. Increases the tax rates onBeginning in FY 2027, the funds would HB 2077Establishes a Tax ontaxable estates of decedents dyingbe deposited into the State General Certain Business Activities Related toafter Jan. 1, 2025 in excess of $100K.Fund, and earmarked for K-12 basic Surpluses under the Zero-EmissionFiscal Note: $350.9M in Ed Legacyeducation, specifically MSOC and ProgramCreates a new tax forAccount (early learning, K-12 andspecial ed. However, the funds are not certain automakers. Fiscal Note:higher ed) (2025-27). Current Status:dedicated to K-12. Current Status: S W Dept. of Revenue $77.9M (2025- S W&Mscheduled to move out of& Mscheduled to move out of this 27). Current StatusH Financethis committee on April 18. committee on April 18.- scheduled to move out of thisSB 5794Repealing Tax PreferencesSB 5798Property Tax Increasecommittee on April 19.Would repeal 20 tax preferences asCurrently theres a 1% cap on the SB 5811Companion bill to HB 2077.recommended by JLARC, generatingannual growth of the State Property Current Status: S Ways & Means$1B over four years, about $200M pertax; this tax is currently dedicated toscheduled to move out of thisyear. Fiscal Note: $400M (2025-27). committee on April 18. Current Status: S W& Mscheduled tocontinued next pageGreat Floors and Mannington would like to thank all of ourSchool Partners for your continued support.We look forward to working with you again this year, including throughWashington State Flooring Contract #03916& KCDA Contract #10-340.Contatct us today or visit us at GreatFloorsCommercial.comWestern Washington /Eastern Washington / Rusan Barnes Miles PerkinsOregon Northern Idaho Education & Gov. Services Western Washington206/241-0229 509/921-6500 509/921-6500425/442-8743 Bowman Creek Central Washington Southern Idaho R.Barnes@M.Perkins@Cougar Mountain Elementary School 509/575-1741 208/884-1975 GreatFloors.com GreatFloors.com Middle School WAMOA JOURNALSPRING 2025 19'