HB 2038 — Establishing The Youth Behavioral Health Account And Funding The Account Through The Imposition Of A Business And Occupation Additional Tax On The Operation Of Social Media Platforms

HB 2038 proposes to establish a Youth Behavioral Health Account in Washington state and fund it through an additional business and occupation tax imposed on social media platforms. The tax aims to address mental health and behavioral health concerns among youth, particularly those impacted by social media use. The bill is currently under review, with a public hearing scheduled in the House Committee on Finance. It focuses on mitigating the mental health risks associated with social media platform operations.