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Measure Details

Advisory Vote No. 1

Washington Ballot Measure - Engrossed Senate Bill 6635

Election: Nov. 6, 2012 (General)
Outcome: Passed

Categories:
Budget, Spending and Taxes
Government Operations
Budget, Spending and Taxes
Government Operations

Yes
1,552,134
(56.9%)

No
1,175,863
(43.1%)

Measure Text

The legislature eliminated, without a vote of the people, a business and occupation tax deduction for certain financial institutionsÂ’ interest on residential loans, costing $170,000,000 in its first ten years, for government spending.

This tax increase should be:
[ ] Repealed
[ ] Maintained

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