House2025-26 sessionFiscal note

EHB 2487: Concerning taxes imposed on insurers operating within the state.

Signed into law: Chapter 263, Laws of 2026

Sponsor
Macri
Introduced
January 14, 2026
Status
C 263 L 26
Last action
Effective date 6/11/2026. (April 1, 2026)
As of
October 16, 2026, 5:15 AM Pacific, from the Legislature’s records

What this bill does

Limits the insurance premium exemption to the business and occupation tax to only apply to gross premiums received by an insurer upon which the same insurer paid insurance premium taxes, or if the insurer is exempt from premium taxes.

From the Washington State Legislature's nonpartisan staff bill analysis. Read the full analysis ↗

Floor votes

  • House: 3rd Reading & Final Passage · March 6, 2026
    51 yea · 44 nay · 3 not voting
  • Senate: 3rd Reading & Final Passage · March 11, 2026
    27 yea · 22 nay

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Other bills sponsored by Macri

All 2025-26 Washington State bills →

Source: the Washington State Legislature. OlympiaTrack is an independent bill-tracking service and is not affiliated with the Legislature. View on leg.wa.gov ↗