HB 3176: Increasing state revenues
Increasing state revenues to preserve funding for education, public safety, health care, and safety net services for elderly, disabled, and vulnerable people by preventing abusive tax avoidance transactions, narrowing or eliminating certain tax preferences, and providing equitable tax treatment.
Summary
- Provides a statutory method for determining whether service businesses have substantial nexus for the purpose of imposing state business and occupation taxes.
- Establishes a gross receipts single-factor apportionment formula for allocating service and royalty income to Washington.
- Allows the Department of Revenue (DOR) to disregard abusive tax avoidance transactions.
- Closes loopholes used to avoid use taxes and real estate excise taxes.
- Repeals the business and occupation (B&O) tax and sales tax exemptions for precious metal bullion and monetized bullion.
- Eliminates sales tax exemption for nutrient management equipment, facilities and related services for beef cattle feeding operations between July 1, 2010 and July 1, 2013.
From the House Bill Analysis 2010 (HB 3176), written by the Legislature's nonpartisan staff. Read the full report ↗
- IntroducedFeb 4, 2010
- Out of committeestopped here
- Passed House
- Passed Senate
- Governor
- Law
- Prime sponsor
- Ross Hunter (D-48)
- Introduced
- February 4, 2010 in the House
- Last action
- March 15, 2010
- Budget
- Has a fiscal note
AN ACT Relating to increasing state revenues to preserve funding for education, public safety, health care, and safety net services for elderly, disabled, and vulnerable people by preventing abusive tax avoidance transactions, narrowing or eliminating certain tax preferences, and providing equitable tax treatment;
Sponsors
Prime sponsor: Ross Hunter (D-48)
14 co-sponsors (14 Democrats, 0 Republicans)
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- By resolution, reintroduced and retained in present status.
- First reading, referred to Finance.
HB 3176 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- HB 3176 (2007–08) Bottled wine
- HB 3176 (2005–06) Punch boards and pull tabs
- HB 3176 (2003–04) Real estate excise taxes