WA People
BILL · 2015–16 SESSION · LATEST VERSION ESHB 2540

HB 2540: Annual tax surveys & reports

Modifying the penalty for taxpayers that do not submit an annual survey or report.

Summary

  • Reduces the penalty for failure to submit an Annual Tax Incentive Survey (Survey) or an Annual Tax Incentive Report (Report) from 100 percent of the tax preference claimed to 35 percent the first time a taxpayer is assessed a penalty for failing to submit the Survey or Report; with an additional 15-percent penalty for failure to submit any future Survey or Report for the same tax preference.
  • Clarifies that any taxpayer who has filed an appeal regarding taxes, penalties, and interest for failure to file a Survey before January 1, 2016, and the appeal is pending before the Department of Revenue or Washington State Board of Tax Appeals as of the effective date of the bill, is only assessed a 35-percent penalty for any calendar year included in an appeal.
  • Eliminates the authorization to apply interest on penalties assessed for failure to submit a Survey or Report.
  • Changes the due date for both the Survey and Report from April 30 to May 31.
  • Changes the due date for the Department of Revenue annual descriptive statistics report from December 1 to December 31.

From the Engrossed Substitute House Bill Report (ESHB 2540), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 175, Laws of 2016
  1. IntroducedJan 14, 2016
  2. Out of committeeFeb 9, 2016
  3. Passed HouseFeb 16, 2016
  4. Passed SenateMar 2, 2016
  5. GovernorApr 1, 2016
  6. LawApr 1, 2016
Prime sponsor
Terry Nealey (R-16)
Introduced
January 14, 2016 in the House
Last action
April 1, 2016
Session law
Chapter 175, Laws of 2016
Companion bill
SB 6412
Budget
Has a fiscal note
Versions
HB 2540, ESHB 2540

AN ACT Relating to modifying the penalty for taxpayers that do not submit an annual survey or report;

Sponsors

Prime sponsor: Terry Nealey (R-16)

20 co-sponsors (5 Democrats, 15 Republicans)

Steve Tharinger D-24Paul Harris R-17Maureen Walsh R-16Cindy Ryu D-32Dan Griffey R-35Dave Hayes R-10Matt Manweller R-13Liz Pike R-18Norma Smith R-10Drew Stokesbary R-31Drew MacEwen R-35Kevin Van De Wege D-24Norm Johnson R-14Chad Magendanz R-5Lynda Wilson R-17Joan McBride D-48Mark Hargrove R-47Joe Schmick R-9Gerry Pollet D-46Luanne Van Werven R-42

Votes

House · Final Passage

Passed February 16, 2016
Version voted on: ESHB 2540
98 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat50000
Republican48000
How each member voted

Yea (98)

Permalink to this vote

Senate · 3rd Reading & Final Passage

Passed March 2, 2016
Version voted on: ESHB 2540
47 Yea 0 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat22002
Republican25000
How each member voted

Excused (2)

Permalink to this vote

History

  1. Effective date 7/1/2016. (ESHB 2540)
  2. Chapter 175, 2016 Laws. (ESHB 2540)
  3. Governor signed. (ESHB 2540)
  4. Delivered to Governor. (ESHB 2540)
  5. Speaker signed. (ESHB 2540)
  6. President signed. (ESHB 2540)
  7. Third reading, passed; yeas, 47; nays, 0; absent, 0; excused, 2. (ESHB 2540)
  8. Rules suspended. Placed on Third Reading. (ESHB 2540)
  9. Placed on second reading by Rules Committee. (ESHB 2540)
  10. WM - Majority; do pass. (ESHB 2540)
  11. Passed to Rules Committee for second reading. (ESHB 2540)
  12. First reading, referred to Ways & Means. (ESHB 2540)
  13. Third reading, passed; yeas, 98; nays, 0; absent, 0; excused, 0. (ESHB 2540)
  14. Rules suspended. Placed on Third Reading. (ESHB 2540)
  15. Floor amendment(s) adopted. (ESHB 2540)
  16. 1st substitute bill substituted. (ESHB 2540)
  17. 1st substitute bill substituted.
  18. Placed on second reading by Rules Committee. (ESHB 2540)
  19. Placed on second reading by Rules Committee.
  20. Referred to Rules 2 Review. (ESHB 2540)
  21. Referred to Rules 2 Review.
  22. FIN - Majority; 1st substitute bill be substituted, do pass. (ESHB 2540)
  23. FIN - Majority; 1st substitute bill be substituted, do pass.
  24. First reading, referred to Finance (Not Officially read and referred until adoption of Introduction report).

HB 2540 in other sessions

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

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