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BILL · 2013–14 SESSION · LATEST VERSION SSB 5382

SB 5382: Start-up firms tax relief

Promoting economic development through tax relief for start-up firms.

Summary

  • New businesses are allowed a B&O tax credit of 50 percent. The credit is allowed only during a business' first five years of operation.

From the Senate Bill Report (Orig.) (SB 5382), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 28, 2013
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Don Benton (R-17)
Introduced
January 28, 2013 in the Senate
Last action
January 13, 2014
Budget
Has a fiscal note
Versions
SB 5382, SSB 5382

AN ACT Relating to promoting economic development through tax relief for start-up firms;

Sponsors

Prime sponsor: Don Benton (R-17)

5 co-sponsors (1 Democrat, 4 Republicans)

Janéa Holmquist Newbry R-13Senator R-18Mike Carrell R-28Mike Padden R-4Paull Shin D-21

Votes

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

History

  1. By resolution, reintroduced and retained in present status. (SSB 5382)
  2. By resolution, reintroduced and retained in present status.
  3. By resolution, reintroduced and retained in present status. (SSB 5382)
  4. By resolution, reintroduced and retained in present status.
  5. Referred to Ways & Means. (SSB 5382)
  6. Referred to Ways & Means.
  7. TRED - Majority; 1st substitute bill be substituted, do pass. (SSB 5382)
  8. And refer to Ways & Means. (SSB 5382)
  9. And refer to Ways & Means.
  10. TRED - Majority; 1st substitute bill be substituted, do pass.
  11. First reading, referred to Trade & Economic Development.

SB 5382 in other sessions

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

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