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.
- Budget, Tax & Economy
- Politics & Government
- Jay Inslee