BILL · 2019–20 SESSION · LATEST VERSION SHB 2541

HB 2541: Rural development

Creating the Washington rural development act.

Summary

Establishes the Rural Development Fund Program (Program) within the Department of Commerce for the purpose of awarding rural development grants to qualified lending institutions, using funds generated by Business and Occupation (B&O) tax credits, for the purpose of encouraging rural development.
Creates a credit against B&O taxes owed for contributions made to the Program.
Authorizes a maximum B&O tax credit of $1 million per taxpayer per year, and a total B&O tax credit for the Program of $8 million per year.

From the House Bill Report (HB 2541), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee

AN ACT Relating to creating the Washington rural development act;

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

Feb 7, 2020Referred to Finance. (SHB 2541)
Feb 7, 2020Referred to Finance.
Feb 5, 2020RDAN - Majority; 1st substitute bill be substituted, do pass. (SHB 2541)
Feb 5, 2020RDAN - Majority; 1st substitute bill be substituted, do pass.
Jan 15, 2020First reading, referred to Rural Development, Agriculture, & Natural Resources.

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

HB 2541 (2025–26) Peace officer use of force · Did not pass · died in committee
HB 2541 (2017–18) Patients/informed consent · Did not pass · passed House, stalled in Senate
HB 2541 (2015–16) Involuntary treatment orders · Enacted · Chapter 45, Laws of 2016
HB 2541 (2013–14) Miniature hobby boilers · Did not pass · passed House, stalled in Senate
HB 2541 (2011–12) Sealing juvenile records · Vetoed by the Governor
HB 2541 (2009–10) Forest products industry · Enacted · Chapter 188, Laws of 2010
HB 2541 (2007–08) Condominium associations · Did not pass · passed House, stalled in Senate
HB 2541 (2005–06) Release of student info · Did not pass · died in committee