WA People
BILL · 2019–20 SESSION

HB 2606: Loans for housing/B&O tax

Providing a business and occupation tax credit for financial institutions issuing loans for affordable housing programs.

Summary

  • Authorizes a business and occupation tax credit for interest received by a financial institution on loans for affordable housing projects.

From the House Bill Analysis 2020 (HB 2606), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 16, 2020
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Representative (R-26)
Introduced
January 16, 2020 in the House
Last action
January 16, 2020
Budget
Has a fiscal note

AN ACT Relating to providing a business and occupation tax credit for financial institutions issuing loans for affordable housing programs;

Sponsors

Prime sponsor: Representative (R-26)

3 co-sponsors (0 Democrats, 3 Republicans)

Carolyn Eslick R-39Morgan Irwin R-31Andrew Barkis R-2

Votes

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

History

  1. First reading, referred to Finance.

HB 2606 in other sessions

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

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