WA People
BILL · 2011–12 SESSION

HB 1338: Real estate excise tax

Requiring multiparcel real estate transactions to base the real estate excise tax on the greater of assessed value or purchase price.

Summary

  • Requires the greater of the selling price or assessed value of property to be used as the taxable base for the real estate excise tax for certain multi-parcel transactions.

From the House Bill Report (HB 1338), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 19, 2011
  2. Out of committeeFeb 25, 2011
  3. Passed Housestopped here
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Joel Kretz (R-7)
Introduced
January 19, 2011 in the House
Last action
April 11, 2012
Budget
Has a fiscal note

AN ACT Relating to requiring multiparcel real estate transactions to base the real estate excise tax on the greater of assessed value or purchase price;

Sponsors

Prime sponsor: Joel Kretz (R-7)

Votes

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

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. Referred to Ways & Means.
  4. Rules Committee relieved of further consideration.
  5. By resolution, reintroduced and retained in present status.
  6. By resolution, reintroduced and retained in present status.
  7. By resolution, reintroduced and retained in present status.
  8. Referred to Rules 2 Consideration.
  9. Placed on second reading by Rules Committee.
  10. Passed to Rules Committee for second reading.
  11. WAYS - Majority; do pass.
  12. WAYS - Executive action taken by committee.
  13. First reading, referred to Ways & Means.

HB 1338 in other sessions

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

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