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Legislation watch
2007 Senate Bill 5572: Providing excise tax relief for certain limited purpose public corporations, commissions, and authorities.
Introduced by Sen. Ed Murray (Seattle) (D) on January 24, 2007
To exempt certain public corporations from the State excise tax. The bill provides the exemption with: (1) A limited liability company in which the corporation, commission, or authority is the managing member;(2) A limited partnership in which the corporation, commission, or authority is the general partner; or(3) A single asset entity required under any federal, state, or local governmental housing assistance program, which is controlled directly or indirectly by the corporation, commission, or authority. See companion HB 1323. Official Text and Analysis.
Referred to the Senate Government Operations and Elections Committee on January 24, 2007
Referred to the Senate Ways & Means Committee on February 22, 2007
Referred to the Senate Rules Committee on March 5, 2007
Received in the House on March 13, 2007
Referred to the House Finance Committee on March 13, 2007
Amendment offered to the House Finance Committee on March 27, 2007
To clarify that tangible personal property is exempt from
B&O and retail sales and use tax. Makes the language in the sales and
use tax exemptions more uniform with the B&O exemption.
The amendment passed by voice vote in the House on April 3, 2007
Referred to the House Rules Committee on March 27, 2007
Received in the Senate on April 17, 2007
Signed by Gov. Christine Gregoire on May 8, 2007