WA People
BILL · 2023–24 SESSION · LATEST VERSION SHB 1743

HB 1743: Employee ownership

Concerning employee ownership.

Summary

  • Creates the Washington Employee Ownership Program (Program) at the Department of Commerce to support efforts of businesses considering a sale to an employee structure.
  • Establishes the Washington Employee Ownership Commission to oversee the Program.
  • Provides a business and occupation tax credit for costs related to converting a qualifying business to an employee ownership structure.

From the House Bill Report (HB 1743), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 3, 2023
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Beth Doglio (D-22)
Introduced
February 3, 2023 in the House
Last action
January 8, 2024
Budget
Has a fiscal note
Versions
HB 1743, SHB 1743

AN ACT Relating to expanding employee ownership;

Sponsors

Prime sponsor: Beth Doglio (D-22)

6 co-sponsors (4 Democrats, 2 Republicans)

Mike Volz R-6Suzanne Schmidt R-4Julia Reed D-36Amy Walen D-48Timm Ormsby D-3Gerry Pollet D-46

Votes

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

History

  1. By resolution, reintroduced and retained in present status. (SHB 1743)
  2. By resolution, reintroduced and retained in present status.
  3. Referred to Appropriations. (SHB 1743)
  4. Referred to Appropriations.
  5. ICEV - Majority; 1st substitute bill be substituted, do pass. (SHB 1743)
  6. ICEV - Majority; 1st substitute bill be substituted, do pass.
  7. ICEV - Executive action taken by committee.
  8. First reading, referred to Innovation, Community & Economic Development, & Veterans.

HB 1743 in other sessions

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

Report wrong or missing information on this page