BILL · 2019–20 SESSION · LATEST VERSION SSB 5628

SB 5628: Heavy equipment rental prop.

Concerning heavy equipment rental property taxation.

Summary

  • Exempts heavy equipment rental property owned by a heavy equipment rental property dealer from property tax beginning January 1, 2022.
  • Imposes a 1.25 percent heavy equipment rental tax on each rental of heavy equipment beginning January 1, 2022.
  • Distributes 50 percent of the heavy equipment rental tax to the Motor Vehicle Fund and 50 percent of the heavy equipment rental tax to the Multimodal Transportation Account.

From the Substitute House Bill Report (SSB 5628), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 301, Laws of 2020
  1. IntroducedJan 25, 2019
  2. Out of committeeMar 10, 2020
  3. Passed SenateMar 10, 2020
  4. Passed HouseMar 12, 2020
  5. GovernorApr 2, 2020
  6. LawApr 2, 2020
Prime sponsor
Annette Cleveland (D-49)
Introduced
January 25, 2019 in the Senate
Last action
April 2, 2020
Session law
Chapter 301, Laws of 2020
Companion bill
HB 1502
Budget
Has a fiscal note
Versions
SB 5628, SSB 5628

AN ACT Relating to heavy equipment rental property taxation;

Sponsors

Prime sponsor: Annette Cleveland (D-49)

4 co-sponsors (2 Democrats, 2 Republicans)

Votes

Senate · 3rd Reading & Final Passage

Passed March 10, 2020
Version voted on: SSB 5628
48 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat29000
Republican19001
How each member voted

House · 3rd Reading & Final Passage

Passed March 12, 2020
Version voted on: SSB 5628
53 Yea 44 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat51501
Republican23900
How each member voted

Yea (53)

Excused (1)

History

  1. Effective date 6/11/2020. (SSB 5628)
  2. Chapter 301, 2020 Laws. (SSB 5628)
  3. Governor signed. (SSB 5628)
  4. Third reading, passed; yeas, 53; nays, 44; absent, 0; excused, 1. (SSB 5628)
  5. Rules suspended. Placed on Third Reading. (SSB 5628)
  6. President signed. (SSB 5628)
  7. Delivered to Governor. (SSB 5628)
  8. Speaker signed. (SSB 5628)
  9. Read first time, rules suspended, and placed on second reading calendar. (SSB 5628)
  10. Placed on second reading by Rules Committee. (SSB 5628)
  11. Passed to Rules Committee for second reading. (SSB 5628)
  12. Third reading, passed; yeas, 48; nays, 0; absent, 0; excused, 1. (SSB 5628)
  13. Rules suspended. Placed on Third Reading. (SSB 5628)
  14. 1st substitute bill substituted. (SSB 5628)
  15. 1st substitute bill substituted.
  16. Passed to Rules Committee for second reading.
  17. Placed on second reading by Rules Committee.
  18. Minority; without recommendation. (SSB 5628)
  19. WM - Majority; do pass 1st substitute bill proposed by Transportation. (SSB 5628)
  20. WM - Majority; do pass 1st substitute bill proposed by Transportation.
  21. Minority; without recommendation.
  22. Referred to Ways & Means. (SSB 5628)
  23. And refer to Ways & Means. (SSB 5628)
  24. TRAN - Majority; 1st substitute bill be substituted, do pass. (SSB 5628)
  25. Referred to Transportation.
  26. And refer to Transportation.
  27. TRAN - Majority; 1st substitute bill be substituted, do pass.
  28. And refer to Ways & Means.
  29. Referred to Ways & Means.
  30. WM - Majority; without recommendation.
  31. By resolution, reintroduced and retained in present status.
  32. First reading, referred to Ways & Means.

SB 5628 in other sessions

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

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