BILL · 2015–16 SESSION
SB 6462: Leasehold excise tax credit
Concerning a leasehold excise tax credit for properties of market value in excess of ten million dollars.
Summary
- A credit is allowed against the leasehold excise tax for leasehold interests in real property owned by the University of Washington or Washington State University where the leasehold excise tax exceeds the property tax that would apply if the real property was privately owned. the real property parcel must exceed $10 million in market value.
From the Senate Bill Report (Orig.) (SB 6462), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedJan 21, 2016
- Out of committeestopped here
- Passed Senate
- Passed House
- Governor
- Law
- Prime sponsor
- Barbara Bailey (R-10)
- Introduced
- January 21, 2016 in the Senate
- Last action
- March 10, 2016
- Companion bill
- HB 2523
- Budget
- Has a fiscal note
AN ACT Relating to a leasehold excise tax credit for properties of market value in excess of ten million dollars;
Sponsors
Prime sponsor: Barbara Bailey (R-10)
3 co-sponsors (2 Democrats, 1 Republican)
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- By resolution, reintroduced and retained in present status.
- First reading, referred to Ways & Means.
SB 6462 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 6462 (2019–20) Local income taxes
- SB 6462 (2017–18) Oil tank insur. disclosure
- SB 6462 (2013–14) Health care/volunteers
- SB 6462 (2011–12) Public assistnce eligibility
- SB 6462 (2009–10) Firefighter duties/wildfire
- SB 6462 (2007–08) Housing bond proceeds
- SB 6462 (2005–06) Biotechnology product
- SB 6462 (2003–04) Betting limits