Other newly approved measures aim to curb greenhouse gas emissions and fight the effects of climate change.
Here’s a look at some of the most significant policies Washington’s Legislature advanced this year. You can also check our bill tracker about the status of other individual bills we’ve been covering.
Capital gains tax
A capital gains tax is something legislators in Olympia have been talking about for the past decade.
But it took until 2021 for lawmakers to actually pass the policy, which affects profits from selling assets such as stocks and bonds.
Senate Bill 5096 will enact a 7% tax on capital gains that exceed $250,000 per year. Profits from selling
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