Washington SB 6248: 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.

Status: First reading, referred to Ways & Means. (as of 2024-01-16)

State: Washington · Session: 2023-2024 · Bill: SB 6248

Sponsors: Robinson, Nguyen, Nobles, Saldaña, Trudeau

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