BILL · 2011–12 SESSION

SB 6327: New businesses B&O tax exemp

Creating a business and occupation tax exemption for new businesses.

Summary

  • An exemption from the B&O tax is created for new businesses. A new business is exempt from the B&O tax for the first 12 months of operation unless the business has fewer than 25 employment positions.

From the Senate Bill Report (SB 6327), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 18, 2012
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Mike Padden (R-4)
Introduced
January 18, 2012 in the Senate
Last action
April 11, 2012
Budget
Has a fiscal note

AN ACT Relating to creating a business and occupation tax exemption for new businesses;

Sponsors

Prime sponsor: Mike Padden (R-4)

3 co-sponsors (2 Democrats, 1 Republican)

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. And refer to Ways & Means.
  5. EDTI - Majority; do pass.
  6. First reading, referred to Economic Development, Trade & Innovation.

SB 6327 in other sessions

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

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