Reinstating estate tax rates that applied immediately before May 20, 2025, for estates of decedents dying on or after July 1, 2026.

HB 2736 reinstates Washington's estate tax rates that were in effect immediately before May 20, 2025, for estates of decedents dying on or after July 1, 2026. It applies these specific tax rates (e.g., 20% on estates over $9 million) to Washington-resident decedents' taxable estates, directly affecting larger estates subject to state taxation. The bill amends RCW 83.100.040 to restore the pre-May 2025 rate structure, which includes stepped tax brackets starting at $0 for estates under $1 million and rising to 20% for estates over $9 million. This change would apply to estates settled after July 1, 2026, but does not affect estates of decedents dying before that date.