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Washington · 2025–26 Regular Sessions · Bill

SB 5766: Passive investment vehicles

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

SB 5766 is a bill introduced in the Washington Senate on February 18, 2025. According to its official title, it concerns: Clarifying the business and occupation tax treatment of the investment income of passive investment vehicles managed by a person subject to business and occupation tax under RCW 82.04.290(1). Primary sponsor: Marko Liias (D). It lists 3 additional sponsors. Most recent recorded action (January 12, 2026): By resolution, reintroduced and retained in present status.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Official title

AN ACT Relating to clarifying the business and occupation tax treatment of the investment income of passive investment vehicles managed by a person subject to business and occupation tax under RCW 82.04.290(1);

Nonpartisan staff bill reports (analyses) are available on the official bill page.

Sponsors

Sponsors by party (alphabetical): Democratic 2 · Republican 2

NameRolePartyChamberDistrict
Marko LiiasPrimary sponsorDemocraticSenate21
John BraunCo-sponsorRepublicanSenate20
Mike ChapmanCo-sponsorDemocraticSenate24
Chris GildonCo-sponsorRepublicanSenate25

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. By resolution, reintroduced and retained in present status.
  2. First reading, referred to Ways & Means.

Sources

  1. Washington State Legislature Web Services
  2. Official bill page