Amendment to exclude veteran owned businesses from B&O tax increase is rejected

Senate Bill 6492 passed the Senate and the House last week and will now be signed into law. Numerous republicans introduced amendments to the bill during floor debate, including Rep. Chris Gildon, R-Puyallup. Gildon introduced two amendments, including 1071, which would have exempted any business owned by a veteran from the 1.75 percent B&O tax. Despite pleas from Gildon and many other members of the minority, all of the amendments were rejected.