This afternoon the Washington Senate passed legislation to reduce the state’s budget shortfall in the current fiscal year. The passage of this legislation will reduce the state’s budget shortfall by approximately $590 million dollars.
The Senate passed three bills – Senate Bill 6892 (38-0), Senate Bill 6893 (28-11), and HB 3225 (30-9).
- Senate Bill 6892: Allows the Department of Revenue to waive penalties for companies that owe back taxes and pay up promptly. The measure is estimated to raise over $44 million over six months.
- Senate Bill 6893: Suspends child support pass-through payments to families receiving Temporary Assistance for Needy Families benefits.
- House Bill 3225: Reductions to the 2009-2011 operating budget.
Senate Bills 6892 and 6893 now go to the House for action. House Bill 3225 will go to the Governor for her signature.