BILL · 2025–26 SESSION
SB 5777: Payment card processing/tax
Creating a business and occupation tax deduction and increasing the rate for persons conducting payment card processing activities.
Summary
- Establishes a business and occupation (B&O) tax rate of 3 percent for payment card processing activities.
- Creates a B&O tax deduction for amounts received by payment card processors in the form of interchange fees, network fees, and the portion of fees retained by other processors.
From the Senate Bill Report (SB 5777), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedFeb 25, 2025
- Out of committeestopped here
- Passed Senate
- Passed House
- Governor
- Law
- Prime sponsor
- June Robinson (D-38)
- Introduced
- February 25, 2025 in the Senate
- Last action
- January 12, 2026
- Companion bill
- HB 2020
- Budget
- Has a fiscal note
AN ACT Relating to creating a business and occupation tax deduction and increasing the rate for persons conducting payment card processing activities;
Sponsors
Prime sponsor: June Robinson (D-38)
2 co-sponsors (0 Democrats, 2 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 Ways & Means.
SB 5777 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 5777 (2023–24) Unemp ins/strikes & lockouts
- SB 5777 (2021–22) COVID-19 vaccine/children
- SB 5777 (2019–20) Student mental health
- SB 5777 (2017–18) Municipal gen. business lic.
- SB 5777 (2015–16) St. employee whistleblowers
- SB 5777 (2013–14) Audit of state universities
- SB 5777 (2011–12) Car wash water quality
- SB 5777 (2009–10) State health insurance pool