The proposed bill aims to reform the Washington state budgeting process by enhancing accountability and prioritizing essential state functions while imposing limitations on state spending and revenue proposals. It addresses the unsustainable growth of state operating budgets, which has resulted in significant deficits despite high revenue collections. The bill emphasizes responsible spending of taxpayer dollars, focusing on essential services and fiscal discipline to tackle pressing social issues such as declining education outcomes, homelessness, and rising crime rates.

Key amendments include changes to RCW 43.88.030 and RCW 43.88.055, which require the governor's budget documents to reflect statewide priorities, maintain a positive ending fund balance, and not exceed available fiscal resources for the next biennium. The bill introduces a structured approach to zero-based budgeting, mandating that 20% of state programs undergo a review every biennium starting in 2026, with detailed analyses required for budget requests. Additionally, it establishes a new requirement for the legislature to prioritize appropriations for state operating expenditures, beginning with debt payments and basic public education, and mandates that tax increases can only be considered after funding prioritized bills based on projected revenues. The bill emphasizes the timely enactment of biennial appropriations and declares its immediate effect for the preservation of public peace, health, or safety.

Statutes affected:
Original Bill: 43.88.030, 43.88.055