Wash. lawmakers edge closer to a final deal

Washington state lawmakers edge closer to a final deal after estate tax fix

Associated Press
Washington lawmakers edge closer to final deal

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Gov. Jay Inslee, seated, is joined by several lawmakers as he prepares to sign a measure to make a legislative fix to the estate tax law, on Friday, June 14, 2013, in Olympia, Wash. Lawmakers rushed to pass the law to stop the issuance of millions of dollars in refunds. (AP Photo/Rachel La Corte)

OLYMPIA, Wash. (AP) -- A legislative fix to Washington's estate has nudged lawmakers closer to a final solution in Olympia.

The agreement signed by Gov. Jay Inslee early Friday morning protected about $160 million in estate tax revenue that otherwise would have been lost through refunds and a decline in future collections over the next two years.

Senate Majority Leader Rodney Tom says budget negotiators may also get a boost early next week when the state gets a new revenue forecast that he expects to be in a positive direction. Tom insists that there will not be a government shutdown.

State leaders are prepping to send out temporary layoff notices early next week because of the prospect that lawmakers won't complete a budget by June 30.

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