WA State Senate OKs gas tax hike and budget built on billions in new taxes

The Washington State Senate has approved a gas tax increase of 6 cents per gallon, set to take effect on July 1, and an annual inflation adjustment of 2%. This tax hike is a cornerstone of a comprehensive budget plan aiming to raise approximately $500 million annually for transportation projects. The newly adopted two-year budget totals $78. 5 billion and includes significant funding for education and public services. Lawmakers, including Sen.

Curtis King, emphasized the urgent need for these measures to address a backlog in maintenance and infrastructure, noting the risks posed by deteriorating conditions. Despite opposition from some senators who criticized the reliance on new taxes and depletion of emergency reserves, proponents argued that the revenue is essential for sustaining critical services. The budget also factors in a projected shortfall, leading to difficult decisions on spending cuts. Hearings on additional tax legislation are scheduled, suggesting ongoing discussions about the state's fiscal strategy. The House is preparing to vote on its budget proposal, which mirrors the Senate's dependency on increased revenues.