Loading chat...
WA SB5458
Bill
Status
Engrossed
3/3/2025
Primary Sponsor
Noel Frame
Click for details
AI Summary
- Exempts newspaper printing, newspaper publishing, and eligible digital content publishing from Washington's business and occupation (B&O) tax under chapter 82.04 RCW
- Requires persons claiming the exemption to file annual tax performance reports with the department; failure to comply results in taxes owed at 0.484 percent of gross income from exempt activities
- Defines "eligible digital content" as publications issued at least monthly, featuring written content with identified authors/sources, and distributed exclusively in electronic format
- Reduces the exemption amount by any political expenditures made during the tax reporting period (as defined in campaign finance law)
- Section 1 expires January 1, 2026, when Section 2 takes effect; Section 2 expires January 1, 2034
Legislative Description
Concerning newspapers and eligible digital content.
Last Action
Senate Rules "X" file.
1/12/2026
Committee Referrals
Rules4/27/2025
Finance3/5/2025
Rules2/18/2025
Ways & Means1/23/2025
Full Bill Text
No bill text available