BILL · 2003–04 SESSION
HB 2762: Tax preferences
Providing mandatory accountability for tax preferences.
Summary
- Limits eligibility for business tax preferences to firms that meet performance standards on job creation, wages, and benefits.
- Requires firms using tax preferences to file publically available reports on employment, wages, benefits, and the amount of tax preferences used.
- Requires business tax preferences to state the public purpose and benefit, expire in five years, limit individual business use to five years, provide for repayment of tax preferences if business fails to achieve performance standards.
- Requires an annual report by Department of Revenue analyzing business tax preferences.
From the House Bill Analysis (HB 2762), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedJan 20, 2004
- Out of committeestopped here
- Passed House
- Passed Senate
- Governor
- Law
- Prime sponsor
- Sharon Tomiko Santos (D-37)
- Introduced
- January 20, 2004 in the House
- Last action
- January 20, 2004
- Budget
- Has a fiscal note
AN ACT Relating to private business entities supported by state tax preferences;
Sponsors
Prime sponsor: Sharon Tomiko Santos (D-37)
11 co-sponsors (11 Democrats, 0 Republicans)
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- First reading, referred to Finance.
HB 2762 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- HB 2762 (2019–20) Peer support privilege/DOC
- HB 2762 (2017–18) L&I annual investment return
- HB 2762 (2015–16) Vehicle fees
- HB 2762 (2013–14) Trans sup budget 2013-2015
- HB 2762 (2011–12) Tax expenditure reform
- HB 2762 (2009–10) New special license plates
- HB 2762 (2007–08) Cowlitz county judges
- HB 2762 (2005–06) Criminal background checks