BILL · 2009–10 SESSION
SB 6796: Automatic teller fees/B&O tx
Assessing a business and occupation tax surcharge on automatic teller fees in excess of one dollar and fifty cents.
Summary
- Gross income of a financial institution from ATM access fees or surcharges that are above $1.50 are subject to a B&O tax surcharge, based on a sliding scale. Gross income from access fees or surcharges above $1.50 but below $2.00 are subject to a 5 percent B&O tax surcharge; above $2.00 but below $2.50 is 7.5 percent; above $2.50 is 10 percent.
From the Senate Bill Report (SB 6796), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedJan 28, 2010
- Out of committeestopped here
- Passed Senate
- Passed House
- Governor
- Law
- Prime sponsor
- Randy Gordon (D-41)
- Introduced
- January 28, 2010 in the Senate
- Last action
- March 15, 2010
- Budget
- Has a fiscal note
AN ACT Relating to assessing a business and occupation tax surcharge on automatic teller fees in excess of one dollar and fifty cents;
Sponsors
Prime sponsor: Randy Gordon (D-41)
8 co-sponsors (8 Democrats, 0 Republicans)
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- By resolution, reintroduced and retained in present status.
- Referred to Ways & Means.
- Minority; without recommendation.
- Minority; do not pass.
- And refer to Ways & Means.
- FIHI - Majority; without recommendation.
- First reading, referred to Financial Institutions, Housing & Insurance.
SB 6796 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 6796 (2007–08) Annual econ impact report
- SB 6796 (2005–06) Lodging businesses
- SB 6796 (2001–02) Children's health insurance
- SB 6796 (1999–00) Castle Rock/dredge spoils