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Washington · 2025-2026 Biennium (69th Legislature)

Supporting wildfire mitigation by modifying RCW 82.04.29005, concerning taxes on loan interest.

AN ACT Relating to supporting wildfire mitigation by modifying RCW 82.04.29005, concerning taxes on loan interest;

SHB 2089·House·Bill
Rep. Shaun ScottState House · LD-43·15 cosponsors
Fiscal noteState YesLocal No
Effective dateJuly 1, 2026
Primary sponsor
Shaun ScottShaun ScottState House · LD-43
Cosponsors
Larry SpringerLarry SpringerState House · LD-45Lisa ParshleyLisa ParshleyState House · LD-22Cindy RyuCindy RyuState House · LD-32Tarra SimmonsTarra SimmonsState House · LD-23Liz BerryLiz BerryState House · LD-36Chipalo StreetChipalo StreetState House · LD-37Brianna ThomasBrianna ThomasState House · LD-34Timm OrmsbyTimm OrmsbyState House · LD-03Edwin ObrasEdwin ObrasState House · LD-33Kristine ReevesKristine ReevesState House · LD-30Nicole MacriNicole MacriState House · LD-43Mary FosseMary FosseState House · LD-38Natasha HillNatasha HillState House · LD-03Gerry PolletGerry PolletState House · LD-46Osman SalahuddinOsman SalahuddinState House · LD-48
Floor votes
House · 3rd Reading & Final Passage · SHB 2089Feb 13, 202652–40
Senate · 3rd Reading & Final Passage · SHB 2089Mar 11, 202627–21
Legislative history
Dec 2, 2025
Prefiled for introduction.
Jan 12, 2026
First reading, referred to Finance.
Feb 9, 2026
FIN - Executive action taken by committee.
Feb 9, 2026
FIN - Majority; 1st substitute bill be substituted, do pass.
Feb 9, 2026
Minority; do not pass.
Feb 9, 2026
Referred to Rules 2 Review.
Feb 12, 2026
Rules Committee relieved of further consideration. Placed on second reading.
Feb 13, 2026
1st substitute bill substituted.
Feb 13, 2026
Rules suspended. Placed on Third Reading.
Feb 13, 2026
Third reading, passed; yeas, 52; nays, 40; absent, 0; excused, 6.
Feb 17, 2026
First reading, referred to Ways & Means.
Mar 2, 2026
WM - Majority; do pass.
Mar 2, 2026
Minority; do not pass.
Mar 2, 2026
Passed to Rules Committee for second reading.
Mar 11, 2026
Placed on second reading by Rules Committee.
Mar 11, 2026
Rules suspended. Placed on Third Reading.
Mar 11, 2026
Third reading, passed; yeas, 27; nays, 21; absent, 1; excused, 0.
Mar 11, 2026
Speaker signed.
Mar 11, 2026
President signed.
Mar 12, 2026
Delivered to Governor.
Mar 23, 2026
Governor signed.
Mar 23, 2026
Chapter 131, 2026 Laws.
Mar 23, 2026
Effective date 7/1/2026.
Bill text
Original BillSubstitute BillBill as Passed Legislature
Bill reports
House Bill Analysis 2026 — Initial House Analysis 01-23-26House Bill Report — Reported by FIN 02-09-26Substitute House Bill Report — Passed House 02-13-26Substitute Senate Bill Report (Orig.) — Initial Bill Report 02-24-26Substitute Senate Bill Report — Testimony Added 02-24-26Substitute Senate Bill Report — Reported by WM 03-02-26Final Bill Report — Final Bill Report 2026Substitute House Bill Report — Passed LegislatureSubstitute Senate Bill Report — Passed Senate 03-11-26
Session law
Chapter 131, Laws of 2026
Where it stands
In committee — the House
On the floor — the House
In committee — the Senate
On the floor — the Senate
Resolving differences
With the Governor
Became lawChapter 131, Laws of 2026
Path for a House bill