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2019 Senate Bill 5998: Establishing a graduated real estate excise tax
Introduced by Sen. Joe Nguyen (West Seattle) (D) on March 29, 2019
Referred to the Senate Ways & Means Committee on March 29, 2019
Amendment offered by Sen. John Braun (Centralia) (R) on April 25, 2019
Imposes a tax at a rate of 1.1 percent for the initial sale of multiple-unit housing.
The amendment failed by voice vote in the Senate on April 25, 2019
Amendment offered by Sen. John Braun (Centralia) (R) on April 25, 2019
Maintains current law for multiunit housing.
The amendment failed by voice vote in the Senate on April 25, 2019
Amendment offered by Sen. Joe Nguyen (West Seattle) (D) on April 25, 2019
Revises the language with regard to rate structure and selling price thresholds; modifies distributions to revert back to a percentage based approach; and adds "standing timber" to the definition of "timberland.".
The amendment passed by voice vote in the Senate on April 25, 2019
Amendment offered by Sen. Mark Schoesler (Ritzville) (R) on April 25, 2019
Provides permanent funding for the Department of Fish and Wildlife to make payments in lieu of taxes.
The amendment failed by voice vote in the Senate on April 25, 2019
Amendment offered by Sen. Tim Sheldon (Mason County) (D) on April 25, 2019
Adds a referendum clause requiring the act to be submitted to the people for adoption and ratification, or rejection, at the next general election.
The amendment failed by voice vote in the Senate on April 25, 2019
Amendment offered by Sen. Shelly Short (Addy) (R) on April 25, 2019
Allows county treasurer to collect 0.017 percent of the sales price of property sold under the above sections to defray the costs of collection.
The amendment failed by voice vote in the Senate on April 25, 2019
Received in the House on April 26, 2019
Referred to the House Finance Committee on April 26, 2019
Signed by Gov. Jay Inslee on May 21, 2019