WA People
BILL · 2023–24 SESSION

SB 5733: Payment card processing/tax

Creating a business and occupation tax deduction and increasing the tax rate for persons conducting payment card processing activities.

Summary

  • Creates a business and occupation (B&O) tax deduction for amounts received by a payment card processing company in the form of interchange fees or network fees.
  • Establishes a B&O tax rate of 3 percent for certain contracted payment card processing activities.

From the Senate Bill Report (SB 5733), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 9, 2023
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Mark Mullet (D-5)
Introduced
February 9, 2023 in the Senate
Last action
January 8, 2024
Companion bill
HB 1815
Budget
Has a fiscal note

AN ACT Relating to creating a business and occupation tax deduction and increasing the tax rate for persons conducting payment card processing activities;

Sponsors

Prime sponsor: Mark Mullet (D-5)

2 co-sponsors (0 Democrats, 2 Republicans)

Lynda Wilson R-17Chris Gildon R-25

Votes

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

History

  1. By resolution, reintroduced and retained in present status.
  2. Referred to Ways & Means.
  3. Minority; without recommendation.
  4. Minority; do not pass.
  5. And refer to Ways & Means.
  6. BFGT - Majority; do pass.
  7. First reading, referred to Business, Financial Services, Gaming & Trade.

SB 5733 in other sessions

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

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