WA People
BILL · 2007–08 SESSION · LATEST VERSION 2SSB 5989

SB 5989: Small startup business

Providing a property tax exemption for property owned or used by nonprofit organizations for small startup businesses.

Summary

  • (DIGEST OF PROPOSED 2ND SUBSTITUTE) Provides the real and personal property owned and used exclusively by a nonprofit small business incubator is exempt from property tax to the extent the nonprofit organization provides, on an ongoing basis, business-related training designed to assist new businesses in forming a sound business plan, daily management support services, and general technical assistance.

From the Second Substitute Bill Digest (2SSB 5989), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 12, 2007
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Jim Kastama (D-25)
Introduced
February 12, 2007 in the Senate
Last action
February 4, 2008
Budget
Has a fiscal note
Versions
SB 5989, SSB 5989, 2SSB 5989

AN ACT Relating to property tax exemptions for nonprofit organizations using property for purposes related to small startup businesses;

Sponsors

Prime sponsor: Jim Kastama (D-25)

1 co-sponsor (1 Democrat, 0 Republicans)

Marilyn Rasmussen D-2

Votes

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

History

  1. On motion, referred to Ways & Means. (2SSB 5989)
  2. EDTM - Majority; 2nd substitute bill be substituted, do pass. (2SSB 5989)
  3. EDTM - Majority; 2nd substitute bill be substituted, do pass. (SSB 5989)
  4. On motion, referred to Ways & Means. (SSB 5989)
  5. On motion, referred to Ways & Means.
  6. EDTM - Majority; 2nd substitute bill be substituted, do pass.
  7. Referred to Economic Development, Trade & Management. (SSB 5989)
  8. WM - Majority; without recommendation. (SSB 5989)
  9. And refer to Economic Development, Trade & Management. (SSB 5989)
  10. And refer to Economic Development, Trade & Management.
  11. WM - Majority; without recommendation.
  12. Referred to Economic Development, Trade & Management.
  13. By resolution, reintroduced and retained in present status. (SSB 5989)
  14. By resolution, reintroduced and retained in present status.
  15. EDTM - Majority; 1st substitute bill be substituted, do pass. (SSB 5989)
  16. On motion, referred to Ways & Means. (SSB 5989)
  17. On motion, referred to Ways & Means.
  18. EDTM - Majority; 1st substitute bill be substituted, do pass.
  19. First reading, referred to Economic Development, Trade & Management.

SB 5989 in other sessions

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

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