BILL · 2017–18 SESSION

SB 6532: Afford. housing tax credits

Creating a Washington affordable housing tax credit program.

Summary

  • Establishes the Washington Affordable Housing Tax Credit program authorizing state credits for low-income housing developments.
  • Authorizes $7 million in annual Washington Affordable Housing tax credits with respect to taxes imposed for the insurance premiums tax or the business and occupation (B&O) tax.

From the Senate Bill Report (SB 6532), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 23, 2018
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Mark Mullet (D-5)
Introduced
January 23, 2018 in the Senate
Last action
February 2, 2018
Budget
Has a fiscal note

AN ACT Relating to creating a Washington affordable housing tax credit program;

Sponsors

Prime sponsor: Mark Mullet (D-5)

2 co-sponsors (1 Democrat, 1 Republican)

Votes

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

History

  1. Referred to Ways & Means.
  2. Minority; without recommendation.
  3. And refer to Ways & Means.
  4. FI - Majority; do pass.
  5. First reading, referred to Financial Institutions & Insurance.

SB 6532 in other sessions

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

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