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Washington lawmakers pass tax bills ahead of adjournment

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Via AP Business

OLYMPIA, Wash. (AP) — Washington lawmakers are racing toward a midnight Sunday deadline to avoid going into overtime to pass a new, two-year state budget.

After the Senate worked late passing bills Friday night, and the House passed tax bills until sunrise Saturday, both chambers are expected back on their respective floors in the afternoon for more votes. More late votes on key tax bill are expected late into the evening and potentially overnight once again, and open government advocates have decried a lack of transparency in the rushed process.

Both chambers have been passing their revenue bills tied to the underlying budget before the full budget has been made public. Late Friday, legislative leaders revealed some details of the negotiated final plan, an approximately $52 billion budget that includes an increase in business and occupation taxes on large banks but nixes a capital gains tax that majority Democrats originally sought.


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