WA People
BILL · 2013–14 SESSION

HB 1751: Banks/in-state, out-of-state

Providing for equal tax treatment of investment securities for in-state and out-of-state banks.

Summary

  • Modifies the apportionment formula for calculation of a financial institution's business and occupation taxes by treating investment securities as loans.

From the House Bill Analysis 2013 (HB 1751), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 7, 2013
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Larry Springer (D-45)
Introduced
February 7, 2013 in the House
Last action
January 13, 2014
Budget
Has a fiscal note

AN ACT Relating to providing for equal tax treatment of investment securities for in-state and out-of-state banks;

Sponsors

Prime sponsor: Larry Springer (D-45)

6 co-sponsors (3 Democrats, 3 Republicans)

Bruce Chandler R-15Cindy Ryu D-32Paul Harris R-17Chris Reykdal D-22Ed Orcutt R-20Sharon Tomiko Santos D-37

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. By resolution, reintroduced and retained in present status.
  4. First reading, referred to Business & Financial Services.

HB 1751 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