Washington HB2711 amends fuel and vehicle taxes, and imposes new fees and taxes on certain transactions.

Washington HB2711 revises fuel and vehicle taxes, introducing new fees and taxes on specific transactions. It imposes a $5 fee on the retail sale of new replacement vehicle tires, collected by the Department of Revenue. The bill also increases fuel tax rates annually by 2%, rounded to the nearest one-thousandth of a dollar. It introduces an additional tax on peer-to-peer car sharing transactions, effective July 1, 2027. The bill modifies the luxury tax on noncommercial aircraft, imposing a 10% tax on retail sales exceeding $500,000.

Washington HB2711 amends fuel and vehicle taxes, and imposes new fees and taxes on certain transactions.

Washington HB2711 revises fuel and vehicle taxes, introducing new fees and taxes on specific transactions. It imposes a $5 fee on the retail sale of new replacement vehicle tires, collected by the Department of Revenue. The bill also increases fuel tax rates annually by 2%, rounded to the nearest one-thousandth of a dollar. It introduces an additional tax on peer-to-peer car sharing transactions, effective July 1, 2027. The bill modifies the luxury tax on noncommercial aircraft, imposing a 10% tax on retail sales exceeding $500,000.