BILL · 2015–16 SESSION

SB 5475: 1st mortgage int. B&O deduc.

Concerning the first mortgage interest business and occupation tax deduction.

Summary

The interest deductible under the first mortgage interest deduction is stated to include point and loan origination fees; language referring to generally accepted accounting principles is removed.

From the Senate Bill Report (SB 5475), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee

AN ACT Relating to the first mortgage interest business and occupation tax deduction;

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

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

SB 5475 (2025–26) Salmon recovery maintenance · Did not pass · died in committee
SB 5475 (2023–24) Prior juvenile offenses · Did not pass · died in committee
SB 5475 (2021–22) Controlled subst. possession · Did not pass · died in committee
SB 5475 (2019–20) Migrant ed./credit retrieval · Did not pass · died in committee
SB 5475 (2017–18) Small modular reactors tax · Did not pass · passed Senate, stalled in House
SB 5475 (2013–14) Resource & assessment ctrs · Did not pass · stalled on the Senate floor
SB 5475 (2011–12) Education funding · Did not pass · died in committee
SB 5475 (2009–10) Econ development planning · Did not pass · died in committee