BILL · 2017–18 SESSION
SB 5148: Cooperative finance orgs tax
Removing the expiration date of the business and occupation tax deduction for cooperative finance organizations.
Summary
- Removes the expiration date for the Business and Occupation (B&O) deduction provided to nonprofit cooperative organizations.
- Exempts the B&O deduction from the automatic ten-year expiration for tax preferences, as well as a tax preference review by the Joint Legislative audit and Review Committee (JLARC).
From the Senate Bill Report (Orig.) (SB 5148), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedJan 13, 2017
- Out of committeestopped here
- Passed Senate
- Passed House
- Governor
- Law
- Prime sponsor
- Senator (R-6)
- Introduced
- January 13, 2017 in the Senate
- Last action
- January 8, 2018
- Companion bill
- HB 1231
- Budget
- Has a fiscal note
AN ACT Relating to removing the expiration date of the business and occupation tax deduction for cooperative finance organizations;
Sponsors
Prime sponsor: Senator (R-6)
10 co-sponsors (6 Democrats, 4 Republicans)
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- By resolution, reintroduced and retained in present status.
- By resolution, reintroduced and retained in present status.
- By resolution, reintroduced and retained in present status.
- By resolution, reintroduced and retained in present status.
- First reading, referred to Ways & Means.
SB 5148 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 5148 (2025–26) GMA housing element
- SB 5148 (2023–24) Wild and exotic animals
- SB 5148 (2021–22) Election official harassment
- SB 5148 (2019–20) Hunting/visible clothing
- SB 5148 (2015–16) TRS early retire/substitutes
- SB 5148 (2013–14) Medication access/uninsured
- SB 5148 (2011–12) Public health care/waiver
- SB 5148 (2009–10) Vesting laws