BILL · 2007–08 SESSION

SB 6407: Small business credit

Increasing the small business credit for the business and occupation tax.

Summary

  • The maximum credit against the B&O is increased to 40 dollars per each month in the reporting period. Beginning in 2010, the maximum credit against the B&O will increase at a rate equivalent to the increase in the rate of the Washington consumer price index.

From the Senate Bill Report (SB 6407), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 16, 2008
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Rosa Franklin (D-29)
Introduced
January 16, 2008 in the Senate
Last action
February 4, 2008
Budget
Has a fiscal note

AN ACT Relating to increasing the small business credit for the business and occupation tax;

Sponsors

Votes

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

History

  1. And refer to Ways & Means.
  2. EDTM - Majority; do pass.
  3. Referred to Ways & Means.
  4. First reading, referred to Economic Development, Trade & Management.

SB 6407 in other sessions

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

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