WA People
BILL · 2023–24 SESSION · LATEST VERSION SSB 5052

SB 5052: Leasehold tax/arenas, etc.

Establishing leasehold excise tax parity and accountability for certain arenas and stadiums.

Summary

  • Creates a Leasehold Excise Tax (LET) exemption for leasehold interests in the public or entertainment areas of arenas with a seating capacity of at least 4000 and meeting several other requirements.
  • Requires a review of the LET exemption prior to its expiration in 2033 by the Joint Legislative Audit and Review Committee (JLARC).

From the Senate Bill Report (SB 5052), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 9, 2023
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Marko Liias (D-21)
Introduced
January 9, 2023 in the Senate
Last action
January 8, 2024
Budget
Has a fiscal note
Versions
SB 5052, SSB 5052

AN ACT Relating to establishing leasehold excise tax parity and accountability for certain arenas and stadiums;

Sponsors

Prime sponsor: Marko Liias (D-21)

3 co-sponsors (2 Democrats, 1 Republican)

Curtis King R-14Mark Mullet D-5Kevin Van De Wege D-24

Votes

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

History

  1. By resolution, reintroduced and retained in present status. (SSB 5052)
  2. By resolution, reintroduced and retained in present status.
  3. Referred to Ways & Means. (SSB 5052)
  4. Referred to Ways & Means.
  5. BFGT - Majority; 1st substitute bill be substituted, do pass. (SSB 5052)
  6. And refer to Ways & Means. (SSB 5052)
  7. Minority; do not pass. (SSB 5052)
  8. Minority; do not pass.
  9. And refer to Ways & Means.
  10. BFGT - Majority; 1st substitute bill be substituted, do pass.
  11. First reading, referred to Business, Financial Services, Gaming & Trade.
  12. Prefiled for introduction.

SB 5052 in other sessions

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

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