Washington State Legislature Approves Newspaper Tax Break

The Washington legislature has approved a bill that, if signed by Gov. Chris Gregoire, will cut state newspapers’ business taxes by 40% through 2015.
The tax in question is the state’s primary business tax, so this measure, if approved, could save papers a fair amount of money.
The Senate approved the bill by a 46-2 vote yesterday, and goes to Gregoire at some future date. (It’s not on her Bill Action schedule for tomorrow, so we’ll see.)

Publish date: April 27, 2009 https://stage.adweek.com/digital/washington-state-legislature-approves-newspaper-tax-break/ © 2020 Adweek, LLC. - All Rights Reserved and NOT FOR REPRINT