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Senate restores estate-tax rate adjustments; critics warn of $400 million biennial gap
Summary
The Washington State Senate passed engrossed S.B. 6,347 after amending technical dates; supporters called it a straightforward restoration to estate-tax rates, while opponents warned it reduces progressivity and may cut about $400 million from the Education Legacy Trust Fund over the biennium.
The Washington State Senate on the floor passed engrossed S.B. 6,347, a bill that adjusts the state estate tax. Sponsors moved to adopt technical amendments and advance the bill to third reading; the measure passed on final passage by the senate with a vote the president announced as 38 yea, 11 nay.
Sponsor Sen. Kaufman urged colleagues to support the bill as “a very…
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