BILL · 2007–08 SESSION

SB 5496: Economic dev strategic acct

Creating a business and occupation tax credit for contributions to the economic development strategic reserve account.

Summary

  • A credit against the state's B&O tax is allowed for contributions made to the Economic Development Strategic Reserve Account. The maximum credit is limited to $250.

From the Senate Bill Report (SB 5496), 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 Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Derek Kilmer (D-26)
Introduced
January 22, 2007 in the Senate
Last action
January 14, 2008
Budget
Has a fiscal note

AN ACT Relating to creating a tax credit against the business and occupation tax for persons who make contributions to the economic development strategic reserve account;

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 Economic Development, Trade & Management.

SB 5496 in other sessions

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

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