BILL · 2017–18 SESSION
HB 2672: Small business tax relief
Providing small business tax relief.
Summary
- Increases the business and occupation (B&O) tax gross receipts filing threshold to $150,000 for service businesses and $125,000 for all other businesses.
- Increases the B&O small business tax credit to $185 per month for service businesses and $50 per month for all other businesses.
From the House Bill Analysis 2018 (HB 2672), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedJan 12, 2018
- Out of committeestopped here
- Passed House
- Passed Senate
- Governor
- Law
- Prime sponsor
- Joe Schmick (R-9)
- Introduced
- January 12, 2018 in the House
- Last action
- January 12, 2018
- Budget
- Has a fiscal note
AN ACT Relating to providing small business tax relief;
Sponsors
Prime sponsor: Joe Schmick (R-9)
2 co-sponsors (0 Democrats, 2 Republicans)
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- First reading, referred to Finance (Not Officially read and referred until adoption of Introduction report).
HB 2672 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- HB 2672 (2025–26) State funds/private entities
- HB 2672 (2019–20) Intensive rural development
- HB 2672 (2015–16) Utility relocation costs
- HB 2672 (2013–14) Minimum hourly wage increase
- HB 2672 (2011–12) Carbon monoxide alarms
- HB 2672 (2009–10) Aluminum smelters/tax relief
- HB 2672 (2007–08) Adult family home caregivers
- HB 2672 (2005–06) Excise tax relief