2025-2026 Regular Session • Washington Legislature
SB5797
Legislative Summary
Enacting a tax on stocks, bonds, and other financial intangible assets for the benefit of public schools.
Demographic Impact
Overall analysis of equity impact
70% Positive
Medium ConfidenceView detailed demographic breakdown ↓Unlock Full Demographic Insights
Go beyond the overall score.
Gain a deeper understanding of this bill's potential impact across diverse communities, including detailed breakdowns by category and subgroup. Access to this granular analysis helps ensure equitable outcomes.
Enable full analysis features for your organization.
Contact Sales to Learn MoreOr email us directly at sales@legiequity.us.
Bill History
3/21/2025
First reading, referred to Ways & Means.
Senate
3/31/2025
Public hearing in the Senate Committee on Ways & Means at 4:00 PM.
Senate
4/18/2025
Executive action taken in the Senate Committee on Ways & Means at 9:00 AM.
Senate
4/18/2025
WM - Majority; 1st substitute bill be substituted, do pass.
Senate
4/18/2025
Minority; do not pass.
Senate
4/18/2025
Minority; without recommendation.
Senate
4/19/2025
Passed to Rules Committee for second reading.
Senate
4/19/2025
Placed on second reading by Rules Committee.
Senate
4/27/2025
1st substitute bill not substituted.
Senate
4/27/2025
Floor amendment
Senate
4/27/2025
Rules suspended. Placed on Third Reading.
Senate
4/27/2025
Third reading, passed; yeas, 26; nays, 21; absent, 0; excused, 1.
Senate
4/27/2025
First reading, referred to Finance.
House of Representatives
4/27/2025
By resolution, returned to Senate Rules Committee for third reading.
Senate
Amendments
Senate Floor Amendment
Warnick 5797-S AMS WARN S3265.1
Not Adopted
Senate Floor Amendment
Frame 5797 AMS FRAM S3397.3
Not Adopted
Roll Call Votes
Senate 3rd Reading & Final Passage
4/27/2025
26
Yea
21
Nay
0
Not Voting
1
Absent
Result: PASSED
Senate Committee on Ways & Means: 1st substitute bill be substituted, do pass
4/18/2025
13
Yea
10
Nay
1
Not Voting
0
Absent
Result: PASSED
Status Information
Current Status
Engrossed(4/27/2025)
Chamber
Senate
Committee
Rules(Senate)
