WA People
BILL · 2007–08 SESSION · LATEST VERSION SHB 1721

HB 1721: Certified capital companies

Creating certified capital companies to promote economic development through investment in start-up and emerging businesses.

Summary

  • Authorizes the creation of certified capital companies (CAPCOs) to promote investment in Washington's small businesses.
  • Allows premium tax credits for insurance companies that make qualified investments in CAPCOs.

From the House Bill Report (HB 1721), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 25, 2007
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Pat Sullivan (D-47)
Introduced
January 25, 2007 in the House
Last action
January 14, 2008
Companion bill
SB 5621
Budget
Has a fiscal note
Versions
HB 1721, SHB 1721

AN ACT Relating to the creation of certified capital companies to promote economic development through investment in start-up and emerging Washington businesses;

Sponsors

Prime sponsor: Pat Sullivan (D-47)

16 co-sponsors (9 Democrats, 7 Republicans)

Eric Pettigrew D-37Dan Kristiansen R-39Ed Orcutt R-18Maralyn Chase D-32Mary Skinner R-14Larry Haler R-8Dan Roach R-31Dawn Morrell D-25Kelli Linville D-42William "Ike" Eickmeyer D-35Lynn Kessler D-24Maureen Walsh R-16Jim Dunn R-17Phyllis Gutierrez Kenney D-46Kevin Van De Wege D-24Geoff Simpson D-47

Votes

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

History

  1. By resolution, reintroduced and retained in present status. (SHB 1721)
  2. By resolution, reintroduced and retained in present status.
  3. Referred to Finance. (SHB 1721)
  4. Referred to Finance.
  5. CEDT - Majority; 1st substitute bill be substituted, do pass. (SHB 1721)
  6. CEDT - Executive action taken by committee.
  7. CEDT - Majority; 1st substitute bill be substituted, do pass.
  8. First reading, referred to Community & Economic Development & Trade.

HB 1721 in other sessions

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

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