ESSB 6346

Momentum Bucket Became Law
Legal Title AN ACT Relating to investing in Washington families and businesses to fund K-12 education, health care, higher education, other essential governmental services, and the working families' tax credit, and to reduce certain sales and use taxes and certain business and occupation taxes by establishing a tax on millionaires;
Bill Description Establishing a tax on millionaires.
What this bill does
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Why it matters
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Official Documents View Full Bill Text
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ESSB 6346 Details and Bill Topics

Details

Date Introduced 02/09/2026
Originating Chamber Senate
Biennium 2025-26
Total Campaign Dollars Backing Bill $13,170,943.00

Bill Topics

COUNTIES
CRIMES
PUBLIC FUNDS AND ACCOUNTS
TAXES - EXCISE
TAXES, GENERALLY

ESSB 6346 Sponsors and Committee Hearings

Sponsors

Senator Pedersen (Primary)
Senator Chapman
Senator Frame
Senator Bateman
Senator Orwall
Senator Slatter
Senator Alvarado
Senator Hunt
Senator Lovelett
Senator Riccelli
Senator Shewmake
Senator Valdez
Senator Wellman
Senator Hasegawa
Senator Robinson
Senator Lovick
Senator Conway
Senator Trudeau
Senator Cleveland
Senator Kauffman
Senator C. Wilson
Senator Dhingra
Senator Stanford
Senator Nobles
Senator Saldaña
Senator Salomon

Committee Hearings

Hearing Senate Ways & Means (Public)
Hearing Senate Ways & Means (Executive)
Hearing House Finance (Public)
Hearing House Finance (Executive)
Go to ESSB 6346 at leg.wa.gov

ESSB 6346 Bill Timeline

Became Law
3/29/2026
C 238 L 26
Effective date 6/11/2026*.
3/29/2026
C 238 L 26
Chapter 238, 2026 Laws.
3/29/2026
C 238 L 26
Governor signed.
3/12/2026
C 238 L 26
Delivered to Governor.
3/11/2026
C 238 L 26
Speaker signed.
3/11/2026
C 238 L 26
President signed.
3/10/2026
C 238 L 26
Passed final passage; yeas, 27; nays, 21; absent, 0; excused, 1.
3/10/2026
C 238 L 26
Senate concurred in House amendments.
3/8/2026
C 238 L 26
Third reading, passed; yeas, 51; nays, 46; absent, 0; excused, 1.
3/8/2026
C 238 L 26
Committee amendment not adopted.
3/5/2026
C 238 L 26
Rules Committee relieved of further consideration. Placed on second reading.
3/1/2026
C 238 L 26
Referred to Rules 2 Review.
2/26/2026
C 238 L 26
FIN - Majority; do pass with amendment(s).
2/26/2026
C 238 L 26
FIN - Executive action taken by committee.
2/16/2026
C 238 L 26
First reading, referred to Finance.
2/15/2026
C 238 L 26
Third reading, passed; yeas, 27; nays, 22; absent, 0; excused, 0.
2/15/2026
C 238 L 26
Rules suspended. Placed on Third Reading.
2/15/2026
C 238 L 26
Floor amendment(s) adopted.
2/15/2026
C 238 L 26
1st substitute bill substituted.
2/11/2026
C 238 L 26
Placed on second reading by Rules Committee.
2/8/2026
C 238 L 26
Passed to Rules Committee for second reading.
2/8/2026
C 238 L 26
Minority; without recommendation.
2/8/2026
C 238 L 26
Minority; do not pass.
2/8/2026
C 238 L 26
WM - Majority; 1st substitute bill be substituted, do pass.
2/3/2026
Ssubst for
First reading, referred to Ways & Means.