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The Washington State cap and invest program was established in 2021 by the Climate Commitment Act (CCA). It combines a cap and trade system with a program to directly invest the generated revenue into addressing climate change.
Initiative 732 in 2016 would have decreased the state sales tax (one of the main sources of revenue for the state government) and implemented a new tax on carbon emissions. The intent was to keep tax revenue neutral while encouraging businesses and consumers to shift away from sources of carbon emission (e.g. gasoline).
Its session laws are published in the Laws of Washington, which in turn have been codified, compiled, and/or consolidated in the Revised Code of Washington (RCW). [1] Both are published by the Washington State Statute Law Committee and the Washington State Code Reviser which it employs and supervises.
But in a 5-4 decision the following year, the state Supreme Court struck it down, ruling that a tax on income was a tax on property — and the state Constitution says property taxes must be ...
Prior to the passage of the capital gains tax, Washington State had the most regressive tax system of any state in the US. [9] The wealthiest 1% paid just 3% of their income in state taxes, while the poorest 20% paid 17.8%. [10] Advocates had long proposed a capital gains tax in order to help reduce this gap.
Apr. 14—OLYMPIA — Washington's Department of Natural Resources wants to help solve the state's housing crisis by offering state land for affordable residential development. A bill signed into ...
Nearly a third of Washington state residents live in a community association, according to research from the Community Associations Institute. In 2021, the most recent data shows, there were more ...
Arts Commission, Washington State (ARTS) Asian Pacific American Affairs, State of Washington Commission on (CAPAA) Asparagus Commission (ASPAR) Attorney General, Office of the (ATG) Audit and Review Committee, Joint Legislative (JLARC) Auditor, Washington State (SAO) Aviation, Department of Transportation (DOTA) Bar Association (BAR) Beef ...