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Bills · 2023-2024 Regular Session

SB 1041

Died at session end Official bill text Atom feed

Relating to: a tax credit for local newspaper subscriptions. (FE)

Income tax — Deduction Newspaper and magazine

  1. Introduced, stopped here
  2. Passes Senate, not reached
  3. Passes Assembly, not reached
  4. Governor signs, not reached
  5. Law, not reached

Unfamiliar terms? Glossary

What this bill does

Plain-language analysis by the nonpartisan Legislative Reference Bureau

This bill creates a nonrefundable income tax credit for amounts paid to

subscribe to a qualifying local newspaper. A qualifying local newspaper is a

newspaper that is qualified to print legal notices under current law. The credit is

equal to 50 percent of the amount paid to subscribe to a qualifying local newspaper,

and is limited to a maximum credit of $250 per taxable year.

What it would cost

Fiscal estimates filed by state agencies, as official PDFs

Sponsors

Introduced by: Pfaff (D) , Spreitzer (D)

16 cosponsors

Bare (D) , Clancy (D) , Emerson (D) , J. Anderson (D) , Jacobson (D) , Joers (D) , Madison (D) , Moore Omokunde (D) , Murphy (R) , Neubauer (D) , Ohnstad (D) , Ratcliff (D) , Shankland (D) , Shelton (D) , Snodgrass (D) , Stubbs (D)

Full history

  1. Feb 19, 2024 · Senate

    Introduced by Senators Spreitzer and Pfaff; cosponsored by Representatives J. Anderson, Emerson, Bare, Clancy, Jacobson, Joers, Moore Omokunde, Murphy, Neubauer, Ohnstad, Ratcliff, Shankland, Shelton, Snodgrass and Stubbs

  2. Feb 19, 2024 · Senate

    Read first time and referred to Committee on Universities and Revenue

  3. Mar 5, 2024 · Senate

    Fiscal estimate received

  4. Apr 3, 2024 · Senate

    Representative Madison added as a cosponsor

  5. Apr 15, 2024 · Senate

    Failed to pass pursuant to Senate Joint Resolution 1