BILL · 2005–06 SESSION
SB 6746: Petroleum corporations
Imposing monetary penalties on windfall profits of petroleum corporations.
Summary
- Finds that Washington citizens and businesses are paying historically high prices for gasoline while the major oil companies are reaping windfall profits. As a result, tens of millions of dollars are being taken from the budgets of families and businesses. Declares an intent to reverse this economic injustice by developing a state windfall profits tax.
From the Bill Digest (SB 6746), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedJan 20, 2006
- Out of committeestopped here
- Passed Senate
- Passed House
- Governor
- Law
- Prime sponsor
- Jeanne Kohl-Welles (D-36)
- Introduced
- January 20, 2006 in the Senate
- Last action
- January 20, 2006
- Companion bill
- HB 2977
AN ACT Relating to the excise taxation of petroleum businesses;
Sponsors
Prime sponsor: Jeanne Kohl-Welles (D-36)
4 co-sponsors (4 Democrats, 0 Republicans)
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- First reading, referred to Ways & Means.
SB 6746 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 6746 (2009–10) Comm & tech college faculty
- SB 6746 (2007–08) Weatherization assistance
- SB 6746 (2003–04) Spanish/Chinese classes
- SB 6746 (2001–02) Telecommunication facilities
- SB 6746 (1999–00) Long-term care faclities
- SB 6746 (1997–98) Insurance services purchase
- SB 6746 (1995–96) Credit unions examination