Washington House Approves Tax on High Earners After Marathon Floor Session

After a 24-hour-plus floor debate, the Washington House approved a 9.9% tax on households earning over $1 million by a 51-46 vote (one excused). Democrats say the Millionaires’ Tax would raise up to $3 billion for education, health care, and public safety; Republicans call it a delay tactic and warn it could impact smaller earners and businesses. If signed by Governor Ferguson, the measure would take effect in 2029 and moves to the governor’s desk as the session wraps up.