BILL · 2025–26 SESSION
HB 1506: Credit union-bank merger/tax
Imposing a business and occupation tax on state-chartered credit unions that merge with a commercial bank.
Summary
- Removes business and occupation tax exemption for a state-charted credit union that merges with or acquires a bank regulated by the Department of Financial Institutions.
From the House Bill Analysis 2025 (HB 1506), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedJan 22, 2025
- Out of committeestopped here
- Passed House
- Passed Senate
- Governor
- Law
- Prime sponsor
- Amy Walen (D-48)
- Introduced
- January 22, 2025 in the House
- Last action
- January 12, 2026
- Budget
- Has a fiscal note
AN ACT Relating to imposing a business and occupation tax on state-chartered credit unions that merge with a commercial bank;
Sponsors
Prime sponsor: Amy Walen (D-48)
2 co-sponsors (2 Democrats, 0 Republicans)
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- By resolution, reintroduced and retained in present status.
- First reading, referred to Finance.
HB 1506 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- HB 1506 (2023–24) DSHS leases
- HB 1506 (2021–22) Ballot integrity
- HB 1506 (2019–20) Urban growth areas
- HB 1506 (2017–18) Workplaces/gender pay equity
- HB 1506 (2015–16) Security guards and firearms
- HB 1506 (2013–14) Third-party visitation
- HB 1506 (2011–12) Fire suppression efforts
- HB 1506 (2009–10) Firefightr survivor benefits