| Washington State House of Representatives Office of Program Research |
BILL ANALYSIS |
| Finance Committee | |
HB 1549
This analysis was prepared by non-partisan legislative staff for the use of legislative members in
their deliberations. This analysis is not a part of the legislation nor does it constitute a
statement of legislative intent.
Brief Description: Exempting wholesale sales of bulk unprocessed milk from the business and occupation tax.
Sponsors: Representatives Linville, Kristiansen, Ericksen, McCune and Dunn.
Brief Summary of Bill |
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Hearing Date: 3/5/07
Staff: Rick Peterson (786-7150).
Background:
Washington's major business tax is the business and occupation (B&O) tax. The B&O tax is
imposed on the gross receipts of business activities conducted within the state, without any
deduction for the costs of doing business. Revenues are deposited in the State General Fund. A
business may have more than one B&O tax rate, depending on the types of activities conducted.
There are a number of different rates. The main rates are: 0.471 percent for retailing; 0.484
percent for manufacturing, wholesaling, and extracting; and 1.5 percent for professional and
personal services, and activities not classified elsewhere.
Summary of Bill:
Wholesale sales of unprocessed milk are exempted from the state B&O tax.
Appropriation: None.
Fiscal Note: Requested on March 5, 2007.
Effective Date: The bill takes effect 90 days after adjournment of session in which bill is passed.