WA People
BILL · 2007–08 SESSION

HB 1884: Family-owned businesses

Modifying estate tax provisions to provide an exemption for certain property held by family-owned businesses.

Summary

  • Deducts the value of family owned business interests when acquired by a family member from the estate tax.

From the House Bill Analysis 2007 (HB 1884), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 31, 2007
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Kelli Linville (D-42)
Introduced
January 31, 2007 in the House
Last action
January 14, 2008
Budget
Has a fiscal note

AN ACT Relating to creating an estate tax exemption for certain property held by qualified family-owned businesses;

Sponsors

Prime sponsor: Kelli Linville (D-42)

19 co-sponsors (9 Democrats, 10 Republicans)

Ed Orcutt R-18Steve Hailey R-9Deb Eddy D-48Alex Wood D-3Bill Grant D-16Mark Ericks D-1Pat Sullivan D-47Eric Pettigrew D-37Al O'Brien D-1Joyce McDonald R-25Dan Kristiansen R-39Daniel Newhouse R-15Dan Roach R-31Jim Dunn R-17Larry Springer D-45Barbara Bailey R-10Jim McCune R-2Timm Ormsby D-3Judy Warnick R-13

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 Finance.

HB 1884 in other sessions

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

Report wrong or missing information on this page