BILL · 2019–20 SESSION

SB 6445: Financial instit./B&O tax

Eliminating a business and occupation tax deduction for financial institutions to fund affordable housing.

Summary

Repeals the business and occupation tax deduction for interest on investments or loans secured by first mortgages or deeds of trust on non-transient residential properties for community banks.

From the Senate Bill Report (Orig.) (SB 6445), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee

AN ACT Relating to eliminating a business and occupation tax deduction for financial institutions to fund affordable housing;

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

Jan 16, 2020First reading, referred to Financial Institutions, Economic Development & Trade.

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

SB 6445 (2017–18) Postsecondary education · Did not pass · died in committee
SB 6445 (2015–16) Mental health/phys. assists. · Enacted · Chapter 155, Laws of 2016
SB 6445 (2013–14) Uniformed personnel · Did not pass · passed Senate, stalled in House
SB 6445 (2011–12) I-5 Columbia river crossing · Enacted · Chapter 36, Laws of 2012
SB 6445 (2009–10) Fire protection facilities · Did not pass · died in committee
SB 6445 (2007–08) Fire protection agencies · Did not pass · passed Senate, stalled in House
SB 6445 (2005–06) Retirement plans 2 and 3 · Did not pass · died in committee
SB 6445 (2003–04) Sexual harassment · Did not pass · died in committee