BILL · 2015–16 SESSION

SB 5701: Composite manufacturing, etc

Creating a business and occupation tax credit for advanced composite manufacturing and wholesaling.

Summary

  • Manufacturers and wholesalers of carbon fiber, carbon fiber composites, or carbon fiber composite products are eligible for a B&O tax credit equal to 40 percent of their B&O taxes due.

From the Senate Bill Report (SB 5701), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 29, 2015
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Judy Warnick (R-13)
Introduced
January 29, 2015 in the Senate
Last action
March 10, 2016
Requested by
State agency
Companion bill
HB 1764
Budget
Has a fiscal note

AN ACT Relating to creating a business and occupation tax credit for advanced composite manufacturing and wholesaling;

Sponsors

Prime sponsor: Judy Warnick (R-13)

2 co-sponsors (2 Democrats, 0 Republicans)

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. By resolution, reintroduced and retained in present status.
  5. By resolution, reintroduced and retained in present status.
  6. Minority; do not pass.
  7. And refer to Ways & Means.
  8. TRED - Majority; do pass.
  9. Referred to Ways & Means.
  10. First reading, referred to Trade & Economic Development.

SB 5701 in other sessions

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

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