What's next for the State Initiatives?

As previously stated in our February 20th update, three initiatives were going to be heard in public hearings before the Washington State legislator. That left three initiatives unsettled. 

Those first three initiatives were heard and both the House and the Senate subsequently passed all three initiatives. This action automatically passes the initiatives into law.

​What’s next for the other three initiatives?

Initiative 2117, known as the “Prohibit Carbon Tax Credit Trading and Repeal Carbon Cap-and-Invest Program Measure” would prohibit state agencies from implementing any cap and trade or cap and tax programs. Additionally, it seeks to repeal the 2021 Washington Climate Commitment Act (CCA), which established a cap and invest program aimed at reducing greenhouse gas emissions by 95% by 2050. The CCA's program incentivized businesses to lower emissions by allowing them to sell remaining carbon emission allowances to other companies.

Initiative 2124, pertains to state long-term care insurance. The measure proposes that employees and self-employed individuals must actively choose to retain coverage under RCW 50B.04, with the option to opt out at any time. Additionally, it seeks to repeal an existing law related to exemptions for employees. The initiative aims to provide consumer choice regarding long-term care insurance and addresses concerns about affordability, adequacy, and solvency of the current program.

Initiative 2109, a citizens’ initiative, seeks to safeguard economic freedom by repealing the controversial capital gains income tax imposed by lawmakers in 2021. This tax, which disproportionately affects individuals with annual capital gains exceeding $250,000, has been widely criticized as unconstitutional and burdensome. By voting in favor of I-2109, Washington residents can encourage investment, protect small businesses, and ensure that hardworking taxpayers retain more of their earnings.
Each of these three initiatives will appear on the November general ballot. If these initiatives are passed the initiatives become law.