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SB 6248 - 2023-24

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.
By request: Department of Revenue
Companion bill: HB 2278

Bill history

2024 Regular Session

In the Senate

Jan 16
First reading, referred to Ways & Means. (View original bill)

Available documents

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Fiscal note

Amendments

Available videos