BILL · 1997–98 SESSION · LATEST VERSION E2SSB 5424

SB 5424: International services/tax

Providing tax credits for businesses in distressed communities that provide selected international services.

Summary

  • A credit is provided against either the B&O tax or the insurance premiums tax equal to 5 percent of the qualified payroll plus 5 percent of the qualified support service expenses for businesses involved in international services that locate in "distressed communities." "Distressed communities" are defined as either a community empowerment zone (CEZ) or a census tract within a city with a population of at least…

From the Second Substitute Senate Bill Report (2SSB 5424), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed Senate, stalled in House
  1. IntroducedJan 27, 1997
  2. Out of committee
  3. Passed SenateApr 14, 1997
  4. Passed Housestopped here
  5. Governor
  6. Law
Prime sponsor
James West (R-6)
Introduced
January 27, 1997 in the Senate
Last action
March 12, 1998
Budget
Has a fiscal note
Versions
SB 5424, SSB 5424, E2SSB 5424

Sponsors

Votes

Senate · Final Passage

April 14, 1997
Version voted on: SSB 5424
42 Yea 5 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat19400
Republican23102
How each member voted

Senate · Final Passage

February 14, 1998
Version voted on: E2SSB 5424
47 Yea 0 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat22001
Republican25001
How each member voted

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

SB 5424 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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