The proposal, embedded in House Bill 2049, seeks to allow an increase in the growth factor from the current 1% cap to the combined rate of population growth plus inflation within a taxing district, not to exceed 3%. This would apply to the state’s common schools levy and for cities and counties, as well as special purpose districts.
Ferguson did not cite any specific taxes he dislikes in the proposals that House and Senate Democrats viewed as the linchpin for completing their negotiations on an operating budget that overcomes a projected $16 billion shortfall over the next four years.
Union leaders were not all smiles afterward. The bill was amended on the floor to impose a four-week limit on receiving benefits, eight weeks less than the version approved in the Senate.
Washington’s wealthiest individuals, largest corporations and biggest banks are prime targets. Homeowners, vapers and self-storage unit renters are among those who could share in the burden. Possible tweaks to expand the state’s capital gains tax could also be in play.
Gov. Bob Ferguson said at a news conference he would not sign any spending plan dependent on substantial revenues from a new and untested tax that faced the “real possibility of being overturned.”
King County Superior Court Judge Sandra Widlan ruled that Initiative 2066 is unconstitutional because it runs afoul of a provision limiting citizen initiatives to no more than one subject and requiring them to contain the full text of the portion of state laws they would alter.
State officials were to have their plans for instituting the cuts in by Feb. 6. The state’s public universities are facing a 3% cut to their state funding.
Legislators will get a 16% wage hike and the governor and attorney general will receive a 14% raise under the new salaries approved at a meeting in Tumwater by the Washington Citizens Commission on Salaries for Elected Officials.
