BILL · 2019–20 SESSION

HB 2734: Opioid, drug warehousing/tax

Creating pathways to recovery from addiction by eliminating a tax preference for the warehousing of opioids and other drugs.

Summary

  • Increases the business and occupation (B&O) tax rate on businesses that warehouse and resell prescription drugs from 0.138 percent to 0.484 percent.
  • Directs the net difference in B&O tax collected from these businesses to the recovery pathways account.

From the House Bill Analysis 2020 (HB 2734), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 20, 2020
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Lauren Davis (D-32)
Introduced
January 20, 2020 in the House
Last action
January 20, 2020
Budget
Has a fiscal note

AN ACT Relating to creating pathways to recovery from addiction by eliminating a tax preference for the warehousing of opioids and other drugs;

Sponsors

Votes

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

History

  1. First reading, referred to Finance.

HB 2734 in other sessions

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

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