b'Legislative Report, continuedyears, so in 2031 the maximumSigned by the Governor on Mayto provide funds deposited into levy will be $5,035 per pupil. 20; effective date July 26, 2025. the Education Legacy Account, LEA threshold is increased bySHB 2077Establishes a Tax onutilized by early learning, K-12 and $150 per pupil in CY 2026 andCertain Business Activities Related tohigher education.by $250 per pupil in CY 2027Surpluses Generated Under the Zero- Revenue: $350.9M (2025-27)($137M). Emission Vehicle Program Signed by the Governor on May LEA threshold increases annuallyImposes an excise tax on the20; effective date July 26, 2025.by inflation, using IPD factor banking and sale of surplus zero- ESSB 5794Repealing Tax Signed by the Governor on Mayemission vehicle credits by aPreferences20; effective date July 26, 2025. manufacturer for each model yearTax preferences for certain ESHB 2050Local Effort Assistance /beginning with 2024 programindustries are repealed, i.e. self-Alternate Learning Experience SDs implementation. service storage units, reselling Limits enrollment allowed to beRevenue: Dept. of Revenueprescription drugs, insurance used for LEA calculations for s.ds.agents, international investment with ALE enrollment above 33% of$77.9M (2025-27) management services.overall enrollment ($17M savings) Signed by the Governor on MayRevenue: $400M (2025-27)Districts included per OSPI20; effective date July 26, 2025. Signed by the Governor on May enrollment data as of March 25ESSB 5813Increasing Funding for20 with partial veto; effective date include: Boisfort, Goldendale,the Education Legacy Account byJuly 26, 2025; the underlying bill Mary M. Knight, Omak, Quilcene,Changing the Rate Structure for therepeals the B&O tax deduction Quillayute Valley, South Bend andCapital Gains and Estate Taxes on interest that the community Valley. Both types of taxes are increasedbanks receive on loans forGOLD PARTNER24 WAMOA JOURNALSUMMER 2025'