WA People
BILL · 2019–20 SESSION

HB 1681: Excessive executive comp tax

Funding the working families tax exemption by imposing a surcharge on publicly traded companies providing excessive executive compensation.

Summary

  • Imposes a surcharge, in addition to business and occupation taxes and public utility taxes, as appropriate, on corporations with excessive chief executive officer pay to provide funding for the working families' tax exemption in RCW 82.08.0206 (section 5 of this act). Creates the working families tax exemption account.

From the Bill Digest (HB 1681), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 28, 2019
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Beth Doglio (D-22)
Introduced
January 28, 2019 in the House
Last action
January 13, 2020

AN ACT Relating to funding the working families tax exemption by imposing a surcharge on publicly traded companies providing excessive executive compensation;

Sponsors

Prime sponsor: Beth Doglio (D-22)

11 co-sponsors (11 Democrats, 0 Republicans)

Debra Entenman D-47Nicole Macri D-43Kristine Reeves D-30June Robinson D-38Eileen Cody D-34Noel Frame D-36Gerry Pollet D-46Timm Ormsby D-3Sherry Appleton D-23Cindy Ryu D-32Laurie Jinkins D-27

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 1681 in other sessions

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

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