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Governor Moore signs capital, transportation and several revenue bills, highlights housing and infrastructure investments
Summary
At a public signing, the governor signed the capital and transportation budgets and a package of revenue bills including an excise tax on excess EV credits (HB 2077), capital gains and estate tax changes (SB 5813), sales tax on certain services (SB 5814) and bond authorizations; he noted some vetoes and thanked sponsors and staff.
Governor Moore presided over the signing of multiple budget and revenue bills, calling out investments intended to benefit housing, schools, behavioral-health facilities and transportation infrastructure.
On the capital side, the governor described a package (referred to in the transcript as 'Senate bill 51 95') that includes $772,000,000 for housing and homelessness—including $600,000,000 for the housing trust fund—$975,000,000 for K–12 construction and modernization, and $466,000,000 for behavioral-health facilities. He also announced an authorization for state general obligation bonds ('Senate Bill 5 1 9 4') of up to $4,680,000,000 to finance capital projects.
On transportation, he signed a bipartisan transportation budget (referred to as 'Senate Bill 5 1 6 1') describing a $1,000,000,000 shortfall in the program over six years and highlighting funding for culvert repairs, new ferries and Climate Commitment Act allocations for electrification, transit and freight programs. He noted the need for additional funding and resilient maintenance funding for WSDOT.
Several revenue and policy bills were signed at the event. The governor signed House Bill 20 77 to impose an excise tax on excess zero-emission vehicle compliance credits and direct that revenue toward EV rebates for low-income families and EV infrastructure. He signed House Bill 20 81 increasing or adding business-and-occupation taxes to help balance the budget and said interim conversations with business leaders would continue. He signed Senate Bill 5 8 1 3, which raises certain capital-gains and estate tax thresholds and rates, and Senate Bill 5 8 1 4, which extends sales tax to specified services including certain IT and staffing services.
The governor also noted vetoes of specific sections where he judged them outside agency authority or likely to cause unintended consequences—for example, vetoing the portion of a bill that would have repealed a mortgage-interest B&O deduction for community banks to avoid increasing lending costs that could affect housing affordability.
The event included multiple photo opportunities and public acknowledgements for legislative sponsors (names cited in the transcript include Senator Yasmin Trudeau; Representative Joe Fitzgibbon; Senator Claire Wilson; Senator Noel Frame; Representative Stoner; Senator Jesse Solomon; and others). The governor said he will work with legislators and stakeholders during the interim to review revenue provisions and address potential unintended impacts before the supplemental budget.
