BILL · 2017–18 SESSION · LATEST VERSION SHB 2992

HB 2992: Rural manuf., etc./B&O tax

Modifying the business and occupation tax structure for rural manufacturers and timber and wood product manufacturers, extractors, and wholesalers.

Summary

  • Provides a preferential business and occupation (B&O) tax rate to eligible manufacturers beginning January 1, 2019.
  • Extends the expiration date of the timber and wood products preferential B&O tax rate and surcharge.

From the House Bill Report (HB 2992), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the House floor
  1. IntroducedFeb 16, 2018
  2. Out of committeeFeb 22, 2018
  3. Passed Housestopped here
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Mike Chapman (D-24)
Introduced
February 16, 2018 in the House
Last action
February 22, 2018
Budget
Has a fiscal note
Versions
HB 2992, SHB 2992

AN ACT Relating to modifying the business and occupation tax structure for rural manufacturers and timber and wood product manufacturers, extractors, and wholesalers;

Sponsors

Prime sponsor: Mike Chapman (D-24)

2 co-sponsors (0 Democrats, 2 Republicans)

Votes

No recorded floor votes.

History

  1. Referred to Rules 2 Review. (SHB 2992)
  2. Referred to Rules 2 Review.
  3. FIN - Majority; 1st substitute bill be substituted, do pass. (SHB 2992)
  4. Minority; do not pass. (SHB 2992)
  5. Minority; do not pass.
  6. FIN - Majority; 1st substitute bill be substituted, do pass.
  7. First reading, referred to Finance (Not Officially read and referred until adoption of Introduction report).

HB 2992 in other sessions

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

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