summary
Introduced
01/13/2025
01/13/2025
In Committee
04/03/2025
04/03/2025
Crossed Over
03/11/2025
03/11/2025
Passed
Dead
Introduced Session
2025-2026 Regular Session
Bill Summary
AN ACT Relating to targeted urban area tax preferences; amending 2 RCW 84.25.030 and 84.25.110; and creating new sections. 3
AI Summary
This bill aims to ensure that businesses involved in clean energy transformation, which create products to lower carbon emissions, have equal access to existing tax preferences offered in targeted urban areas. It defines a "clean energy transformation business" and allows cities that use these tax preferences to extend the timeframe for such businesses to qualify, supporting Washington's goals for clean energy and economic growth. The bill also clarifies requirements for these businesses regarding labor agreements and wage standards, and allows for additional extensions on project completion deadlines for clean energy transformation facilities requiring federal certification.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
House Floor Amendment - Schmidt 1210-S.E AMH SCHM KRNG 138 (on 02/14/2026)
bill text
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