WA People
BILL · 2019–20 SESSION · LATEST VERSION SHB 1348

HB 1348: B&O tax provisions

Helping Washington businesses succeed by modifying certain business and occupation tax provisions.

Summary

  • Reduces the business and occupation (B&O) tax rate for manufacturers, printers of materials other than newspapers, and publishers of periodicals.
  • Modifies and extends the timber and wood products preferential B&O tax rate to June 30, 2056.
  • Extends the surcharge levied on timber-related activities to June 30, 2056.
  • Eliminates the circumstances in which the timber-related activities surcharge may be suspended or adjusted.

From the House Bill Report (HB 1348), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 21, 2019
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Mike Chapman (D-24)
Introduced
January 21, 2019 in the House
Last action
January 13, 2020
Budget
Has a fiscal note
Versions
HB 1348, SHB 1348

AN ACT Relating to helping Washington businesses succeed by modifying certain business and occupation tax provisions;

Sponsors

Prime sponsor: Mike Chapman (D-24)

5 co-sponsors (3 Democrats, 2 Republicans)

Jacquelin Maycumber R-7Larry Springer D-45Steve Tharinger D-24Mike Steele R-12Jeff Morris D-40

Votes

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

History

  1. By resolution, reintroduced and retained in present status. (SHB 1348)
  2. By resolution, reintroduced and retained in present status.
  3. Referred to Finance. (SHB 1348)
  4. Referred to Finance.
  5. RDAN - Majority; 1st substitute bill be substituted, do pass. (SHB 1348)
  6. RDAN - Majority; 1st substitute bill be substituted, do pass.
  7. First reading, referred to Rural Development, Agriculture, & Natural Resources.

HB 1348 in other sessions

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

Report wrong or missing information on this page