Bill Title: Modifying the capital gains tax under chapter 82.87 RCW and related statutes by closing loopholes, repealing and replacing the business and occupation tax credit with a capital gains tax credit, clarifying ambiguities and making technical corrections in a manner that is not estimated to affect state or local tax collections, treating spouses and domestic partners more consistently, modifying and adding definitions, creating a good faith penalty waiver, and modifying the publication schedule for inflation adjustments.

Spectrum: Partisan Bill (Democrat 5-0)

Status: (Introduced - Dead) 2024-01-16 - First reading, referred to Ways & Means. [SB6248 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2024-01-15	PDF	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Washington SB6248

Supplemental Documents

Title	Description	Date	Format	Source	View
Fiscal Note	6248 SB (Partial)	2024-02-02	PDF	Link	View
Fiscal Note	6248 SB (Final)	2024-02-21	PDF	Link	View

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