Adjusting higher education funding.
HB 2098 imposes a surcharge on select large tech companies with global revenue over $25 billion, increasing the rate from 1.22% (2020-2025) to 7.5% (starting 2026) on their taxable gross income. The surcharge applies to businesses engaged in "advanced computing" (including cloud services, software, and platforms), excluding hospitals, health clinics, and certain telecom or financial firms. Revenues from the surcharge fund workforce education programs, with automatic enrollment increases in computer science and engineering degrees at state universities when demand exceeds capacity by 100+ students. The bill also requires quarterly reporting and includes penalties for evasion, while exempting specific healthcare providers from the tax.
Bill status
in committee
1 of 4 stages cleared
Introduction
Dec 2025
Committee Review
Floor Vote
Governor
Introduced Dec 4, 2025
Last action Jan 27, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
2
Committee
2
Jan 27, 2026
Lower · Passed
Executive session scheduled, but no action was taken in the House Committee on Postsecondary Education & Workforce at 1:30 PM.
lower
Jan 21, 2026
Lower · Passed
Public hearing in the House Committee on Postsecondary Education & Workforce at 1:30 PM.
lower
1 primary · 18 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Julia Reed
DDemocratic
Co
Alex Ramel
DDemocratic
Co
Beth Doglio
DDemocratic
Co
Brianna Thomas
DDemocratic
Co
Chipalo Street
DDemocratic
Co
Cindy Ryu
DDemocratic
Co
Edwin Obras
DDemocratic
Co
Gerry Pollet
DDemocratic
Co
Janice Zahn
DDemocratic
Co
Julio Cortes
DDemocratic
Co
Lisa Parshley
DDemocratic
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