BILL · 2007–08 SESSION

HB 1510: Oil windfall profits

Providing for the community reinvestment of oil windfall profits.

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 (HB 1510), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 22, 2007
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Bob Hasegawa (D-11)
Introduced
January 22, 2007 in the House
Last action
January 14, 2008
Budget
Has a fiscal note

AN ACT Relating to community reinvestment of oil windfall profits;

Sponsors

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 Technology, Energy & Communications.

HB 1510 in other sessions

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

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