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Legislation watch
2007 Senate Bill 5575: Providing an exemption from business and occupation tax for the resale of natural or manufactured gas by consumers.
Introduced by Sen. Steve Hobbs (Lake Stevens) (D) on January 24, 2007
To provide a business and occupation (B&O) tax exemption for the resale of natural or manufactured gas. The gas must be used by consumers within the U.S. See companion HB 1508. Official Text and Analysis.
Referred to the Senate Ways & Means Committee on January 24, 2007
Substitute offered to the Senate Ways & Means Committee on February 9, 2007
To clarify that for purposes of determining whether a person's sales of natural or manufactured gas exceeds 20 percent of the amount of natural or
manufactured gas that is consumed, a sale of natural or manufactured gas does not include the
pipeline transportation of such gas when it is shipped by a third-party manager of that person's
pipeline transportation and is accomplished solely to comply with federal regulatory requirements.
Referred to the Senate Rules Committee on February 9, 2007