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Legislation watch
2019 Senate Bill 5325: Exempting certain standard financial information purchased by investment management companies from sales and use tax in order to improve industry competitiveness
Introduced by Sen. Marko Liias (Lynnwood) (D) on January 17, 2019
Referred to the Senate Financial Institutions, Economic Development & Trade Committee on January 17, 2019
Substitute offered in the Senate on January 31, 2019
Expands retail sales and use tax exemption on the sale of Standard Financial Information (SFI) to Qualifying International Investment Management Companies (QIIMC) and QIIMC affiliates.
Changes expiration of the retail sales and use tax exemption on SFI to July 1, 2031.
Referred to the Senate Ways & Means Committee on January 31, 2019