Agenda - Business, Financial Services & Trade Committee (January 25, 2022)

Summary

Agenda for the Business, Financial Services & Trade Committee, Virtual, on Tuesday, January 25, 2022, with Senator Mark Mullet as Chair, Senator Bob Hasegawa as Vice Chair and Senator Perry Dozier as Ranking Member. The Executive Session lists SB 5725 (powers of the legislative committee on economic development and international relations), SB 5810 (insurance regulation), SJM 8006 (a national infrastructure bank), SB 5515, SB 5760, SB 5541 and SB 5770. The Public Hearing lists SB 5769 (reforming the state tax system), SB 5802 (property tax relief for senior citizen and disabled persons programs) and SB 5849 (tax incentives), each marked for remote testimony.

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Senate Committee Services
      PO Box 40466                      Washington State Senate                                        Senator Mark Mullet, Chair
                                                                                                    Senator Bob Hasegawa, Vice Chair
Olympia, WA 98504-0466
     (360) 786-7400
                                    Business, Financial Services & Trade                          Senator Perry Dozier, Ranking Member

                                                 Committee


 Virtual                                             January 25, 2022                                             8:00 a.m.
                                                        TUESDAY

Executive Session:
   1. SB 5725 - Concerning powers of the legislative committee on economic development and
      international relations. (Mullet/Clinton McCarthy)
   2. SB 5810 - Concerning insurance regulation. (Mullet/Kellee Gunn)
   3. SJM 8006 - Concerning a national infrastructure bank. (Hasegawa/Clinton McCarthy)
   4. SB 5515 - Encouraging economic growth by providing a state business tax credit for new
      employment positions in the hospitality industry. (Dozier/Clinton McCarthy)
   5. SB 5760 - Updating and expanding the motion picture competitiveness program.
      (Wellman/Kellee Gunn)
   6. SB 5541 - Exempting newspapers from business and occupation tax. (Mullet/Clinton McCarthy)
   7. SB 5770 - Providing Washington state convention economy grants. (Mullet/Clinton McCarthy)

Public Hearing:
   1. SB 5769 - Reforming the state tax system by providing tax relief to residents, employees, and
       employers. (Remote testimony.) (Wilson, L./Clinton McCarthy, Jeffrey Mitchell)
   2. SB 5802 - Providing additional financial relief for property owners using the senior citizen and
       disabled persons property tax exemption and deferral programs by increasing the income
       thresholds and lowering the interest rate for deferred property taxes. (Remote testimony.)
       (Fortunato/Clinton McCarthy, Alia Kennedy)
   3. SB 5849 - Concerning tax incentives. (Remote testimony.) (Warnick/Clinton McCarthy, Alia
       Kennedy)

Possible other business.

See https://app.leg.wa.gov/CSI/Senate for testimony options.




   To view committee meetings or access the committee meeting documents, visit the Legislature's committee
           schedules, agendas, and documents website: https://app.leg.wa.gov/committeeschedules


  Committee Members: Sen. Mark Mullet, Chair | Sen. Bob Hasegawa, Vice Chair | Sen. Perry Dozier, Ranking Member | Sen. Sharon
                              Brown | Sen. David Frockt | Sen. John Lovick | Sen. Lynda Wilson


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