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Senate approves tax clarification for insurers despite objections over retroactive charges
Washington State Senate · March 11, 2026
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Summary
Lawmakers passed Engrossed House Bill 2487 to clarify taxation of insurers and their affiliates; opponents argued the bill would retroactively tax affiliates back to 2019 and unfairly penalize businesses that followed prior law.
The Washington State Senate passed Engrossed House Bill 2487 on March 11, a measure sponsors described as clarifying how insurance companies and their affiliates are taxed.
Sponsor Senator Robinson told the chamber the bill makes clear that the core insurance business is taxed through the state's premium…
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