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Tag: John Braun

June
13th

UPDATE – House passes estate tax bill on 55-33 vote; deal with Senate GOP exempts some family-owned business assets

UPDATE: The House vote on the new version of the estate tax passed on a 53-to-33 vote this morning. A few Republican members objected to making the law retroactive to include certain estate trusts formed prior to 2005 that are now eligible for tax refunds after a 2012 court ruling.

Republican Reps. Gary Alexander of Thurston County and Chad Magendanz of Issaquah voted with Democrats in favor. Alexander said he had qualms about the policy but thought the bill might ease the budget stalemate.

 

ORIGINAL POST: House Majority Leader Pat Sullivan and Finance Committee chair Reuven Carlyle say they and

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June
12th

UPDATE: State Revenue Dept. to send out 10 estate-tax refunds worth $13 million starting Friday

UPDATE: Gov. Jay Inslee‘s office says estate tax refund checks won’t actually go into the mail until Friday morning, which is when the Revenue Department is back in court on another lawsuit seeking a refund under the Supreme Court’s 2012 ruling. Meantime,  Senate and House lawmakers are in talks to seek if they can get a deal done by midnight Thursday.

ORIGINAL POSTWith no legal fix immediately in the offing for Washington state’s estate tax, the Department of Revenue is moving ahead and issuing $13 million worth of refunds – plus

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