Bills › 2021–22 › HB 1279
BILL · 2021–22 SESSION · LATEST VERSION SHB 1279
HB 1279: Main street program
Modifying the Washington main street program tax incentive to respond to the economic impacts of the COVID-19 pandemic.
Summary
Expands the total business and occupation (B&O) tax or public utility tax (PUT) credit allowed under the Main Street Tax Incentive program to 75 percent, for contributions made to the state Main Street Trust Fund beginning in calendar year 2021. Expands the total tax credits allowed statewide to $5 million and for each designated local program to $160,000 for the Main Street Tax Incentive program. Specifies that the Department of Revenue must allocate tax credits under the Main Street Tax Incentive program between 8:00 a.m. on the second Monday in January and 8:00 a.m. on April 1 of the same year. Allows any tax credits earned under the Main Street Tax Incentive program as a result of contributions made in calendar year 2020 to be carried over until December 31, 2023. Extends the expiration of the Main Street Tax Incentive program until January 1, 2032.
From the Substitute House Bill Report (SHB 1279), written by the Legislature's nonpartisan staff. Read the full report ↗
Enacted Enacted · Chapter 112, Laws of 2021
IntroducedJan 19, 2021
Out of committeeFeb 8, 2021
Passed HouseFeb 12, 2021
Passed SenateApr 7, 2021
GovernorApr 21, 2021
LawApr 21, 2021
Introduced January 19, 2021 in the House
Last action April 21, 2021
Session law Chapter 112, Laws of 2021
Budget Has a fiscal note
Versions HB 1279, SHB 1279
Sponsors (19)
Votes (3)
History (30)
Official bill page & text ↗
AN ACT Relating to modifying the Washington main street program tax incentive to respond to the economic impacts of the COVID-19 pandemic;
Votes
House · 3rd Reading & Final Passage
Passed February 12, 2021
Version voted on: SHB 1279
96 Yea
0 Nay
0 Absent
2 Excused
Party Yea Nay Absent Excused
Democrat 56 0 0 1
Republican 40 0 0 1
How each member voted
Senate · 3rd Reading & Final Passage as Amended by the Senate
Passed April 7, 2021
Version voted on: SHB 1279
49 Yea
0 Nay
0 Absent
0 Excused
Party Yea Nay Absent Excused
Democrat 29 0 0 0
Republican 20 0 0 0
How each member voted
House · Final Passage as Amended by the Senate
Passed April 14, 2021
Version voted on: SHB 1279
97 Yea
0 Nay
0 Absent
1 Excused
Party Yea Nay Absent Excused
Democrat 57 0 0 0
Republican 40 0 0 1
How each member voted
History
Apr 21, 2021 Effective date 7/25/2021*. (SHB 1279)
Apr 21, 2021 Chapter 112, 2021 Laws. (SHB 1279)
Apr 21, 2021 Governor signed. (SHB 1279)
Apr 16, 2021 Delivered to Governor. (SHB 1279)
Apr 15, 2021 President signed. (SHB 1279)
Apr 15, 2021 Speaker signed. (SHB 1279)
Apr 14, 2021 House concurred in Senate amendments. (SHB 1279)
Apr 14, 2021 Passed final passage; yeas, 97; nays, 0; absent, 0; excused, 1. (SHB 1279)
Apr 7, 2021 Third reading, passed; yeas, 49; nays, 0; absent, 0; excused, 0. (SHB 1279)
Apr 7, 2021 Rules suspended. Placed on Third Reading. (SHB 1279)
Apr 7, 2021 Committee amendment(s) adopted with no other amendments. (SHB 1279)
Apr 6, 2021 Placed on second reading consent calendar. (SHB 1279)
Apr 2, 2021 Passed to Rules Committee for second reading. (SHB 1279)
Apr 2, 2021 WM - Majority; do pass with amendment(s) by Business, Financial Services & Trade. (SHB 1279)
Mar 19, 2021 Referred to Ways & Means. (SHB 1279)
Mar 18, 2021 And refer to Ways & Means. (SHB 1279)
Mar 18, 2021 BFST - Majority; do pass with amendment(s). (SHB 1279)
Feb 16, 2021 First reading, referred to Business, Financial Services & Trade. (SHB 1279)
Feb 12, 2021 Third reading, passed; yeas, 96; nays, 0; absent, 0; excused, 2. (SHB 1279)
Feb 12, 2021 Rules suspended. Placed on Third Reading. (SHB 1279)
Feb 12, 2021 1st substitute bill substituted. (SHB 1279)
Feb 12, 2021 Rules Committee relieved of further consideration. Placed on second reading. (SHB 1279)
Feb 12, 2021 Rules Committee relieved of further consideration. Placed on second reading.
Feb 12, 2021 1st substitute bill substituted.
Feb 8, 2021 Referred to Rules 2 Review. (SHB 1279)
Feb 8, 2021 Referred to Rules 2 Review.
Feb 4, 2021 FIN - Majority; 1st substitute bill be substituted, do pass. (SHB 1279)
Feb 4, 2021 FIN - Majority; 1st substitute bill be substituted, do pass.
Feb 4, 2021 FIN - Executive action taken by committee.
Jan 19, 2021 First reading, referred to Finance.
HB 1279 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
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