BILL · 2001–02 SESSION

SB 6184: Simpson inv co/revenue dept

Clarifying the decision of the Washington state supreme court in Simpson Investment Co. v. Dept. of Revenue.

Summary

  • Finds that the recent state supreme court decision in Simpson Investment Co. v. Dept. of Revenue could lead to an unusually restrictive, narrow interpretation of the deductibility of investment income for business and occupation tax purposes. If allowed to stand, this interpretation could be extremely detrimental.

From the Bill Digest (SB 6184), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedMay 9, 2001
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Senator (D-35)
Introduced
May 9, 2001 in the Senate
Last action
January 14, 2002

AN ACT Relating to clarifying the decision of the Washington state supreme court in Simpson Investment Co. v. Dept. of Revenue;

Sponsors

Prime sponsor: Senator (D-35)

3 co-sponsors (0 Democrats, 3 Republicans)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. By resolution, reintroduced and retained in present status.
  2. First reading, referred to Ways & Means.

SB 6184 in other sessions

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

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