BILL · 2011–12 SESSION · LATEST VERSION SHB 2530

HB 2530: Tax preference accountabilty

Improving accountability for tax preferences.

Summary

  • Consolidates the annual survey and annual report into a single document.
  • Requires the filing of an annual accountability report for all future tax preferences.
  • Expires new tax preferences 10 years after enactment.
  • Requires information on the amount of new capital investment in Washington in the annual accountability report.
  • Requires the Department of Revenue to determine the relative tax burden for taxpayers claiming tax preferences.
  • Adds the rate of return of the tax preference to the list of factors for Joint Legislative Audit and Review Committee consideration when evaluating tax preferences.

From the House Bill Report (HB 2530), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the House floor
  1. IntroducedJan 17, 2012
  2. Out of committeeFeb 7, 2012
  3. Passed Housestopped here
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Senator (D-36)
Introduced
January 17, 2012 in the House
Last action
April 11, 2012
Requested by
State agency
Budget
Has a fiscal note
Versions
HB 2530, SHB 2530

AN ACT Relating to improving accountability for tax preferences;

Sponsors

Prime sponsor: Senator (D-36)

4 co-sponsors (4 Democrats, 0 Republicans)

Votes

No recorded floor votes.

History

  1. By resolution, reintroduced and retained in present status. (SHB 2530)
  2. By resolution, reintroduced and retained in present status.
  3. By resolution, reintroduced and retained in present status. (SHB 2530)
  4. By resolution, reintroduced and retained in present status.
  5. Returned to Rules Committee for second reading. (SHB 2530)
  6. Returned to Rules Committee for second reading.
  7. Rules Committee relieved of further consideration. Placed on second reading. (SHB 2530)
  8. Rules Committee relieved of further consideration. Placed on second reading.
  9. Referred to Rules 2 Review. (SHB 2530)
  10. Minority; do not pass. (SHB 2530)
  11. WAYS - Majority; 1st substitute bill be substituted, do pass. (SHB 2530)
  12. WAYS - Executive action taken by committee.
  13. WAYS - Majority; 1st substitute bill be substituted, do pass.
  14. Minority; do not pass.
  15. Referred to Rules 2 Review.
  16. First reading, referred to Ways & Means.

HB 2530 in other sessions

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

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