WA People
BILL · 2007–08 SESSION · LATEST VERSION SSB 5200

SB 5200: Low-income housing tx credit

Providing tax credits for contributions to low-income housing efforts.

Summary

  • Tax Credit Program Created: A tax credit is created for contributions approved by the Department of Revenue (DOR) that are made to the Housing Trust Fund or a federally-recognized 501(c)(3) nonprofit organization that builds homes and provides homeownership opportunities. This tax credit is allowed against the taxpayer's B&O or public utility taxes.

From the Senate Bill Report (SB 5200), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 12, 2007
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Jerome Delvin (R-8)
Introduced
January 12, 2007 in the Senate
Last action
January 14, 2008
Companion bill
HB 1017
Budget
Has a fiscal note
Versions
SB 5200, SSB 5200

AN ACT Relating to tax credits for contributions to low-income housing efforts;

Sponsors

Prime sponsor: Jerome Delvin (R-8)

7 co-sponsors (6 Democrats, 1 Republican)

Brian Weinstein D-41Jeanne Kohl-Welles D-36Bob Morton R-7Craig Pridemore D-49Derek Kilmer D-26Marilyn Rasmussen D-2Adam Kline D-37

Votes

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

History

  1. By resolution, reintroduced and retained in present status. (SSB 5200)
  2. By resolution, reintroduced and retained in present status.
  3. CPH - Majority; 1st substitute bill be substituted, do pass. (SSB 5200)
  4. And refer to Ways & Means. (SSB 5200)
  5. Referred to Ways & Means. (SSB 5200)
  6. Referred to Ways & Means.
  7. And refer to Ways & Means.
  8. CPH - Majority; 1st substitute bill be substituted, do pass.
  9. First reading, referred to Consumer Protection & Housing.

SB 5200 in other sessions

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

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