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
  1. IntroducedJan 20, 2006
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. 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

  1. 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.

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