SHB 1703

Momentum Bucket Early Stage
Legal Title AN ACT Relating to establishing an equine industry tax credit, allowing the horse racing commission to impose a fee, and using equine industry sales tax revenues for federal regulatory compliance;
Bill Description Establishing an equine industry tax credit, allowing the horse racing commission to impose a fee, and using equine industry sales tax revenues for federal regulatory compliance.
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SHB 1703 Details and Bill Topics

Details

Date Introduced 02/25/2025
Originating Chamber House
Biennium 2025-26
Total Campaign Dollars Backing Bill $2,194,306.00

Bill Topics

HORSE RACING
PUBLIC FUNDS AND ACCOUNTS
TAX PREFERENCES - EXEMPTIONS, CREDITS, DEDUCTIONS, DEFERRALS, ETC.
TAXES - EXCISE

SHB 1703 Sponsors and Committee Hearings

Sponsors

Representative Stearns (Primary)
Representative Schmick
Representative Goodman

Committee Hearings

Hearing House Finance (Public)
Hearing House Finance (Executive)
Go to SHB 1703 at leg.wa.gov

SHB 1703 Bill Timeline

Early Stage
1/11/2026
HApprops
By resolution, reintroduced and retained in present status.
2/25/2025
HApprops
Referred to Appropriations.
2/24/2025
HApprops
FIN - Majority; 1st substitute bill be substituted, do pass.
2/24/2025
HApprops
FIN - Executive action taken by committee.
1/28/2025
HApprops
First reading, referred to Finance.