SB 5096 –

Concerning an excise tax on gains from the sale or exchange of certain capital assets.

In the Media:

TVW’s The Impact – March 10th, 2021

The debate over capital gains tax intensifies after Senate passage. Host Mike McClanahan speaks with guests Misha Werschkul, Washington State Budget and Policy Center and Kriss Sjoblom, Washington Research Council. (duration 11min.) Additonal discussion .

  • Additional Discussion on the Capital Gains tax on the February 10th, 2021 episode of the Impact with Guests: Rep. Noel Frame (D-Seattle), House Finance Committee Chair, Rep. Ed Orcutt (R-Kalama), House Finance Committee Ranking Member.

TVW’s Inside Olympia – February 11th, 2021

Majority Democrats in Olympia are proposing a capital gains tax to fund an expansion of child care. Host Austin Jenkins talks with Reps. Tana Senn and Tom Dent on the issue.  Inside Olympia is TVW’s in-depth interview program. We bring the governor, state legislators, and other state elected officials and leaders into our studio for unedited conversations about the top issues of the day.

TVW’s Legislative Review – March 15 – 19th 2021

Host Angela Nolasco gives an update on SB 5096 in this 4 minute clip. Legislative Review is a show produced by TVW to provide daily highlights during the legislative session.

TVW Primary Source Footage:

Senate Floor Debate – April 22, 2021

The Washington State Senate convenes for floor debate on pending legislation (concurrence/dispute calendar) including SB 5096.

  • Senate does not concur with SB 5096 as amended in by the House, requests a Conference Committee and members are appointed. (Duration 3min)

House Floor Debate – April 21, 2021

The Washington State House of Representatives convenes for floor debate on pending legislation including ESSB 5096 (Capital gains tax) – final passage/remarks

  • Third reading of SB 5096 remarks from Representatives prior to Final Passage. (Duration 1hr 40min)
  • Final Passage starting at 01:40:00. (1 min)

House Floor Debate – April 20, 2021

The Washington State House of Representatives convenes for floor debate on ESSB 5096 (Capital gains tax) – amendatory action only.

  • House Representatives speak to the proposed amendments and vote only on the amendments, no executive action taken. (Duration 3hrs 47min)

House Finance Committee Executive Action – April 16th, 2021

ESSB 5096 amendments are considered for Executive Action.

  • Staffer reads the bill at 00:08:15. (Duration 6 min)
  • Executive Session – amendments are introduced and committee members speak to the amendments starting at 00:15:00 (Duration 55min.)
  • Final Passage – Committee members speak for or against the bill prior to final vote. Starts at 01:09:28. (Duration 14 min.)

Public Hearing before the House Finance Committee – March 15th 2021

Hear your fellow citizens giving public testimony for and against SB 5096 – How does this inform your stance on the bill?

  • Public Testimony provides an excellent glimpse at all of the different ‘stakeholders’ that may be effected by a bill if it were to pass.
  • Public Hearing on ESSB 5096 begins with a Staff Report at 00:32:21 (duration 12 min.)
  • Public Testimony begins at 44:25 (1 hour)

Senate Floor Debate on ESSB 5096 – March 6th 2021

Four hour floor debate featuring Legislators providing their final opinions, support and opposition on SB 5096 and proposed amendments before it begins its journey in the House.

  • Floor Debate on Final Passage is an excellent way to hear the most prominent arguments for and against a bill.
  • Floor Debate on proposed amendments (2hr 20min)
  • Debate on ‘Final Passage’ begins at 02:20:22 (duration 90 min.)

Executive Session held for SB 5096 in the Senate Ways & Means Committee – Feb. 16th, 2021

Executive Session is when a Committee holds a vote on a bill to move it out of committee. It is also an opportunity for Legislators to weigh in on any concerns they may have with the bill and offer amendments. On ‘Final Passage’ many will share how they intend to vote and why.

  • Staff Briefing on SB 5096 and proposed amendments starts at 02:53:08 (duration 15 min.)
  • Executive Session on proposed amendments and final passage on SB 5096 begins at 03:07:10 (dur. 32min)

Public Hearing before the Senate Committee on Ways & Means – January 14th 2021

Hear your fellow citizens giving public testimony for and against SB 5096 – How does this inform your stance on the bill?

  • Public Testimony provides an excellent glimpse at all of the different ‘stakeholders’ that may be effected by a bill if it were to pass.
  • The entire 2 hour 30 minute committee was dedicated to the Public Hearing on SB 5096. This is one indicator of how controversial a bill may be.

Track all SB 5096 related activity at the Legislative website here.

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