BILL · 2011–12 SESSION · LATEST VERSION SHB 2078

HB 2078: K-3 class size reduction

Funding K-3 class size reductions by narrowing and repealing certain tax exemptions.

Summary

  • Eliminates the business and occupation tax deduction for interest on first mortgages and deeds of trust on residential properties for financial institutions that operate in more than 10 states.
  • Transfers revenue associated with the cap on this deduction to the Education Legacy Trust Account for K-3 class size reductions.

From the House Bill Report (HB 2078), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the House floor
  1. IntroducedApr 12, 2011
  2. Out of committeeMay 16, 2011
  3. Passed Housestopped here
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Laurie Jinkins (D-27)
Introduced
April 12, 2011 in the House
Last action
April 11, 2012
Budget
Has a fiscal note
Versions
HB 2078, SHB 2078

AN ACT Relating to funding K-3 class size reductions by narrowing and repealing certain tax exemptions;

Sponsors

Votes

House · Final Passage

Failed May 24, 2011
Version voted on: SHB 2078
52 Yea 42 Nay 0 Absent 4 Excused
PartyYeaNayAbsentExcused
Democrat52400
Republican03804
How each member voted

Yea (52)

Excused (4)

History

  1. By resolution, reintroduced and retained in present status. (SHB 2078)
  2. By resolution, reintroduced and retained in present status. (SHB 2078)
  3. House Rules "X" file. (SHB 2078)
  4. By resolution, reintroduced and retained in present status. (SHB 2078)
  5. By resolution, reintroduced and retained in present status. (SHB 2078)
  6. Returned to House Rules 3. (SHB 2078)
  7. Failed to receive a two-thirds majority vote. (SHB 2078)
  8. Third reading, failed; yeas, 52; nays, 42; absent, 0; excused, 4. (SHB 2078)
  9. Rules suspended. Placed on Third Reading. (SHB 2078)
  10. 1st substitute bill substituted. (SHB 2078)
  11. 1st substitute bill substituted.
  12. Rules Committee relieved of further consideration. Placed on second reading. (SHB 2078)
  13. Rules Committee relieved of further consideration. Placed on second reading.
  14. Passed to Rules Committee for second reading. (SHB 2078)
  15. Passed to Rules Committee for second reading.
  16. Minority; do not pass. (SHB 2078)
  17. WAYS - Majority; 1st substitute bill be substituted, do pass. (SHB 2078)
  18. WAYS - Executive action taken by committee.
  19. WAYS - Majority; 1st substitute bill be substituted, do pass.
  20. Minority; do not pass.
  21. By resolution, reintroduced and retained in present status.
  22. First reading, referred to Ways & Means.

HB 2078 in other sessions

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

Report wrong or missing information on this page