Washington HB 2019: Increasing educational and training opportunities for careers in retail.

Bill Text

AN ACT Relating to making the estate tax more progressive; 1
amending RCW 83.100.040; reenacting and amending RCW 83.100.020; 2
creating new sections; and declaring an emergency.3
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:4
Sec. 1. RCW 83.100.020 and 2013 2nd sp.s. c 2 s 2 are each 5
reenacted and amended to read as follows:6
The definitions in this section apply throughout this chapter 7
unless the context clearly requires otherwise.8
(1)(a) The "applicable exclusion amount" for the decedent's 9
estate is the applicable exclusion amount in effect as of the date of 10
the decedent's death. "Applicable exclusion amount" means:11
(i) ((One million five hundred thousand dollars)) $1,500,000 for 12
decedents dying before January 1, 2006;13
(ii) ((Two million dollars)) $2,000,000 for estates of decedents 14
dying on or after January 1, 2006, and before January 1, 2014; 15
((and))16
(iii) $2,012,000 for estates of decedents dying on or after 17
January 1, 2014, and before January 1, 2015;18
(iv) $2,054,000 for estates of decedents dying on or after 19
January 1, 2015, and before January 1, 2016;20
H-1395.1
HOUSE BILL 2019
State of Washington 69th Legislature 2025 Regular Session
By Representatives Street, Walen, Ormsby, Macri, Pollet, Ramel, and
Scott
Read first time 02/24/25. Referred to Committee on Finance.
p. 1 HB 2019

(v) $2,079,000 for estates of decedents dying on or after January 1
1, 2016, but before January 1, 2017;2
(vi) $2,129,000 for estates of decedents dying on or after 3
January 1, 2017, but before January 1, 2018;4
(vii) $2,193,000 for estates of decedents dying on or after 5
January 1, 2018, but before January 1, 2025;6
(viii) $3,000,000 for estates of decedents dying on or after 7
January 1, 2025, but before January 1, 2026; and8
(ix) For estates of decedents dying in calendar year ((2014)) 9
2026 and each calendar year thereafter, the amount in (a)(((ii))) 10
(viii) of this subsection must be adjusted annually, except as 11
otherwise provided in this subsection (1)(a)(((iii))) (ix). The 12
annual adjustment is determined by multiplying ((two million 13
dollars)) $3,000,000 by the sum of one plus the percentage by which 14
the most recent October consumer price index exceeds the consumer 15
price index for October ((2012)) 2025, and rounding the result to the 16
nearest ((one thousand dollars)) $1,000. No adjustment is made for a 17
calendar year if the adjustment would result in the same or a lesser 18
applicable exclusion amount than the applicable exclusion amount for 19
the immediately preceding calendar year. ((The applicable exclusion 20
amount under this subsection (1)(a)(iii) for the decedent's estate is 21
the applicable exclusion amount in effect as of the date of the 22
decedent's death.))23
(b) For purposes of this subsection (1), "consumer price index" 24
means the consumer price index for all urban consumers, all items, 25
for the Seattle((-Tacoma-Bremerton)) metropolitan area as calculated 26
by the United States bureau of labor statistics. For the purposes of 27
this subsection (1)(b), "Seattle metropolitan area" means the 28
geographic area sample that includes Seattle and surrounding areas.29
(2) "Decedent" means a deceased individual.30
(3) "Department" means the department of revenue, the director of 31
that department, or any employee of the department exercising 32
authority lawfully delegated to him or her by the director.33
(4) "Federal return" means any tax return required by chapter 11 34
of the internal revenue code.35
(5) "Federal tax" means a tax under chapter 11 of the internal 36
revenue code.37
(6) "Federal taxable estate" means the taxable estate as 38
determined under chapter 11 of the internal revenue code without 39
regard to: (a) The termination of the federal estate tax under 40
p. 2 HB 2019

section 2210 of the internal revenue code or any other provision of 1
law, and (b) the deduction for state estate, inheritance, legacy, or 2
succession taxes allowable under section 2058 of the internal revenue 3
code.4
(7) "Gross estate" means "gross estate" as defined and used in 5
section 2031 of the internal revenue code.6
(8) "Internal revenue code" means the United States internal 7
revenue code of 1986, as amended or renumbered as of January 1, 2005.8
(9) "Person" means any individual, estate, trust, receiver, 9
cooperative association, club, corporation, company, firm, 10
partnership, joint venture, syndicate, or other entity and, to the 11
extent permitted by law, any federal, state, or other governmental 12
unit or subdivision or agency, department, or instrumentality 13
thereof.14
(10) "Person required to file the federal return" means any 15
person required to file a return required by chapter 11 of the 16
internal revenue code, such as the personal representative of an 17
estate.18
(11) "Property" means property included in the gross estate.19
(12) "Resident" means a decedent who was domiciled in Washington 20
at time of death.21
(13) "T