Environment
Not enough information
Not enough information to score this sector.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
StateWashingtonIntroduced
HB 2487: Concerning taxes imposed on insurers operating within the state.
Nicole Macri
HB 2487 status: Introduced — Effective date 6/11/2026 (updated Apr 1, 2026).
Source
OpenStates
Confidence
Low
Analysis basis
OpenStates summary
01
What this bill does
Official summary alongside an AI-generated read on where it stands and why.
Overall Score
Not enough information
Score:Not enough information
Risk:Moderate Risk
Impact:Moderate Impact 50/100
Constitutionality50%
Bipartisan50%
Public opinion50%
Bill summary
What changes
The bill proposes changes to the existing tax framework for insurance companies operating within Washington.
Who is affected
Insurance companies and, potentially, policyholders who may be impacted by adjustments to industry tax burdens.
Requirements and enforcement
Not stated in the available source.
Costs and funding
Not stated in the available source; fiscal implications are pending further legislative analysis.
When it takes effect
Effective date of 6/11/2026.
Potential benefits
Not stated in the available source.
Risks and tradeoffs
Impact on insurance market competition and consumer premium affordability is unknown.
What is still unknown
Specific tax rate adjustments, affected insurance categories, and projected state revenue impacts are currently unspecified.
02
Impact analysis
✦ AI analysisModeled effects across six domains, estimated from bill text and comparable legislation.
Economy
Not enough information
Not enough information to score this sector.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
Society
Not enough information
Not enough information to score this sector.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
Technology Industry
Not enough information
Not enough information to score this sector.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
Civic Accountability
Not enough information
Not enough information to score this sector.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
Public Health & Safety
Not enough information
Not enough information to score this sector.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
03
How trustworthy & consequential it is
Sourcing already shown above, this is what the analysis found worth flagging.
Source
OpenStates
Official bill text or data from OpenStates.
Confidence
Low
Information is limited or incomplete.
Analysis basis
OpenStates summary
Source used for this bill's analysis.
Source note
LegiScan returned a PDF-only document. PDF extraction is not enabled in this build, so the pipeline used a safer fallback.
Analysis scope
Source material consists only of a high-level summary.
04
Where it stands
Official record- IntroducedCurrent
- CommitteeUpcoming
- Chamber votesUpcoming
- Final agreementUpcoming
- GovernorUpcoming
- EnactedUpcoming
05
How it affects your district
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06
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