BILL · 2017–18 SESSION · LATEST VERSION SHB 1894

HB 1894: High-technology research tax

Reinstating tax preferences for certain high-technology research and development.

Summary

  • Establishes a business and occupation tax credit for qualified research and development (R&D) expenditures, expiring January 1, 2027.
  • Establishes a state and local sales tax deferral program for high-technology R&D, pilot-scale manufacturing facilities, and purchases on certain machinery and equipment, expiring January 1, 2027.
  • Establishes performance metrics to measure success of the tax preferences.

From the House Bill Report (HB 1894), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 2, 2017
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Pat Sullivan (D-47)
Introduced
February 2, 2017 in the House
Last action
January 8, 2018
Requested by
State agency
Companion bill
SB 5630
Budget
Has a fiscal note
Versions
HB 1894, SHB 1894

AN ACT Relating to reinstating tax preferences for certain high-technology research and development;

Sponsors

Votes

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

History

  1. By resolution, reintroduced and retained in present status. (SHB 1894)
  2. By resolution, reintroduced and retained in present status.
  3. By resolution, reintroduced and retained in present status. (SHB 1894)
  4. By resolution, reintroduced and retained in present status.
  5. By resolution, reintroduced and retained in present status. (SHB 1894)
  6. By resolution, reintroduced and retained in present status.
  7. By resolution, reintroduced and retained in present status. (SHB 1894)
  8. By resolution, reintroduced and retained in present status.
  9. Referred to Finance. (SHB 1894)
  10. Referred to Finance.
  11. TED - Majority; 1st substitute bill be substituted, do pass. (SHB 1894)
  12. TED - Majority; 1st substitute bill be substituted, do pass.
  13. First reading, referred to Technology & Economic Development (Not Officially read and referred until adoption of Introduction report).

HB 1894 in other sessions

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

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