TELEPORT

• Adds $.06 of tax per gallon of gas as of July 1, 2025. Increasing state motor fuel tax from $.49 to $.55 per gallon. 
• Increases gas tax 2% annually starting July 1, 2026.
• Increases EV registration renewal fees from $100-$150 annually. Increases additional initial registration fees from $50 to $75.
• Title fees increase by $3.
• Rental Car Tax Increase from 5.9% to 11.9%
• Title Filing Fee ^$1-$1.50

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• Will raise the daily Discover Park fee from $10 to $15.

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• 1.22% B&O tax for social media companies exceeding $5M in revenue
• This tax will be raised to fund local journalism. (I know what you're thinking... sounds a lot like state ran media. But, WA State wouldn't do that right?!?)

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• There will be a $.10 deposit fee on plastic bottles that is refundable upon returning the bottle. (Supporters of the Bill pinky promise it's not a refundable TAX, but rather a refundable "deposit system". **Cue the suspicious Weiner dog meme.**)
  

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• Will remove current property tax cap increase set to 1% annually and allow for the annual tax raise to be based on inflation and population growth -or- a minimum of 1%, whichever, is greater. 

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• Employers to pay 5% Excise Tax on all employee wages that exceed Social Security wage threshold.
  (Ex: Social Security Threshold is $176,000. Any wages an employee makes over $176,000 are subject to the 5% tax. So if an employee makes $200,000 a year, the employer will have to pay a 5% tax on the $24,000 over the threshold. Resulting in the employer paying an additional $1,200 in taxes. 

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• 1% of annual tax on stocks, bonds other intangible assets that exceed $100 million. Asset valuation will be based on fair market value as of Dec 31st of each year.  

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• Will increase cost of most hunting and fishing licenses by 38%.
• Big Game License incease from $85 to $117.30
• Freshwater Fishing License increase from $25 to $34.50
• Introduced discounted rates for seniors 70+ offering an estimated 66% reduction from the standard license fee. 
• Effective July 1, 2025 if enacted.
  

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• Increases fees for Alcohol Licensing, Permits and Endorsements by 50%. 

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• A $2 tax will be added on to all smart wireless devices purchases such as cell phones and watches with a retail value of over $250.

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• Broadens the term "tobacco products" to encompass any product containing nicotine, including synthetic nicotine products. :Targeting products such pouches such as, Zyn, and other pouches to include them under the same Tax umbrella as other Tobacco and Nicotine products.

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• Adds 2% State Tax on short term lodging such as AirBnb and VRBO. Will be in effect from 04/01/2026 until 09/30/2026   

**OPPOSE -or- SUPPORT** here More info on the Bill