BILL · 2005–06 SESSION

SB 6712: Entrepreneurial development

Providing small businesses whose owners are trained in entrepreneurial development with excise tax relief.

Summary

  • Creating a B&O Exemption for Small Businesses . Eligible businesses, with five or fewer employees, are exempt from the B&O tax for any two-year period during the first five years of business. An eligible business must meet the following requirements: The owners participated in at least 25 hours of entrepreneurial or small business training or counseling, and applied this training or counseling to the business.

From the Senate Bill Report (SB 6712), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 19, 2006
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Tracey Eide (D-30)
Introduced
January 19, 2006 in the Senate
Last action
February 2, 2006
Budget
Has a fiscal note

AN ACT Relating to providing small businesses whose owners are trained in entrepreneurial development with excise tax relief;

Sponsors

Prime sponsor: Tracey Eide (D-30)

5 co-sponsors (5 Democrats, 0 Republicans)

Votes

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

History

  1. Referred to Ways & Means.
  2. And refer to Ways & Means.
  3. Minority; without recommendation.
  4. ITED - Majority; do pass.
  5. First reading, referred to International Trade & Economic Development.

SB 6712 in other sessions

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

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