| Passed by the Senate March 4, 2005 YEAS 47 ________________________________________ President of the Senate Passed by the House April 8, 2005 YEAS 94 ________________________________________ Speaker of the House of Representatives | I, Thomas Hoemann, Secretary of the Senate of the State of Washington, do hereby certify that the attached is SENATE BILL 5175 as passed by the Senate and the House of Representatives on the dates hereon set forth. ________________________________________ Secretary | |
| Approved ________________________________________ Governor of the State of Washington | Secretary of State State of Washington |
| State of Washington | 59th Legislature | 2005 Regular Session |
Read first time 01/17/2005. Referred to Committee on International Trade & Economic Development.
AN ACT Relating to excise tax incentives for international companies investing in Washington; adding a new section to chapter 43.330 RCW; and creating a new section.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
NEW SECTION. Sec. 1 The legislature finds that many
international companies with an interest in operating in Washington are
not aware of the various tax incentives that are available. It is the
intent of the legislature to ensure that these international companies
understand that they are eligible for these business and occupation tax
and sales and use tax deferrals when investing in Washington. It is
the further intent of the legislature that the department of community,
trade, and economic development and associate development organizations
make clear to international companies that they are eligible for the
state's various tax incentives.
NEW SECTION. Sec. 2 A new section is added to chapter 43.330 RCW
to read as follows:
An international company investing in Washington is included within
the definition of person in RCW 82.04.030 and is eligible for excise
tax incentives provided in Title 82 RCW in the same manner as any
domestic company.