House2023-24 sessionFiscal note

HB 1005 — Concerning employer tax incentives for the support of veterans and military families.

Did not pass — the 2023–24 session has ended

Sponsor
Abbarno
Introduced
January 9, 2023
Status
H Rules C
Last action
By resolution, reintroduced and retained in present status. (January 8, 2024)

What this bill does

Extends the public utility tax (PUT) and business and occupation (B&O) tax credits for hiring veterans to July 1, 2034. Increases the maximum PUT and B&O tax credit an employer may claim for hiring a qualified employee to $3,000 per employee. Increases the maximum total credit to $5 million per year for each the PUT and B&O tax credit. Expands eligibility for the PUT and B&O tax credits by removing the unemployment requirement for veterans and including the spouse of a veteran or an active-duty military member as a qualified employee.

From the Washington State Legislature's nonpartisan staff bill analysis. Read the full analysis ↗

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Other bills sponsored by Abbarno

All 2023-24 Washington State bills →

Source: the Washington State Legislature. OlympiaTrack is an independent bill-tracking service and is not affiliated with the Legislature. View on leg.wa.gov ↗