Washington HB1666 repeals the estate tax to enhance economic competitiveness and attract residents and businesses.
Washington HB1666 repeals the estate tax, citing its negative impact on the state's economic competitiveness and its disproportionate effect on individuals and families. The bill aims to create a fairer economic environment, encouraging retention and attraction of talent and investment. The repeal applies to decedents dying on or after August 1, 2025, and takes effect on the same date.
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