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Legislation watch
2013 Senate Bill 5382: Promoting economic development through tax relief for start-up firms
Introduced by Sen. Don Benton (Vancouver) (R) on January 28, 2013
Provides a fifty percent business and occupation tax credit for new businesses. This act takes effect on August 1, 2013. Official Text and Analysis.
Referred to the Senate Trade & Economic Development Committee on January 28, 2013
Substitute offered in the Senate on February 20, 2013
Makes technical corrections to the definition of a new business. Provides that the credit is available only for periods in which a taxpayer is in compliance with registration requirements.
Referred to the Senate Ways & Means Committee on February 20, 2013