BILL · 2019–20 SESSION
SB 5619: New business B&O tax credit
Creating a business and occupation tax credit for new businesses.
Summary
- Provides a business and occupations (B&O) tax credit for all new businesses on 100 percent of the tax due for the first 12 months.
- Allows a new business with less than 25 employment positions the ability to apply for this B&O tax credit for an additional two years.
From the Senate Bill Report (Orig.) (SB 5619), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedJan 25, 2019
- Out of committeestopped here
- Passed Senate
- Passed House
- Governor
- Law
- Prime sponsor
- Keith Wagoner (R-39)
- Introduced
- January 25, 2019 in the Senate
- Last action
- January 13, 2020
- Budget
- Has a fiscal note
AN ACT Relating to creating a business and occupation tax credit for new businesses;
Sponsors
Prime sponsor: Keith Wagoner (R-39)
6 co-sponsors (0 Democrats, 6 Republicans)
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- By resolution, reintroduced and retained in present status.
- First reading, referred to Financial Institutions, Economic Development & Trade.
SB 5619 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 5619 (2025–26) In-state resident enrollment
- SB 5619 (2023–24) Cybersecurity governance
- SB 5619 (2021–22) Kelp & eelgrass conservation
- SB 5619 (2017–18) Health care balance billing
- SB 5619 (2015–16) Basic education for adults
- SB 5619 (2013–14) Public works prevailing wage
- SB 5619 (2011–12) Surgical facility licensing
- SB 5619 (2009–10) Kindergarten entry assessmnt