BILL · 2019–20 SESSION

HB 1172: Capital gains tax/prop. tax

Assisting Washington families by improving the fairness of the state's tax system by enacting a capital gains tax and providing property tax relief.

Summary

  • Imposes a tax, beginning January 1, 2020, on all individuals for the privilege of selling or exchanging long-term capital assets or receiving Washington capital gains.

From the Bill Digest (HB 1172), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 16, 2019
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Sharon Tomiko Santos (D-37)
Introduced
January 16, 2019 in the House
Last action
January 13, 2020
Requested by
Other
Companion bill
SB 5314
Budget
Has a fiscal note

AN ACT Relating to assisting Washington families by improving the fairness of the state's tax system by enacting a capital gains tax and providing property tax relief;

Sponsors

Prime sponsor: Sharon Tomiko Santos (D-37)

4 co-sponsors (4 Democrats, 0 Republicans)

Votes

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

History

  1. By resolution, reintroduced and retained in present status.
  2. First reading, referred to Finance.

HB 1172 in other sessions

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

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