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
Potential new amendment
2025-2026 Regular Session
Bill Summary
AN ACT Relating to targeted urban area tax preferences; amending 2 RCW 84.25.110; and creating new sections. 3
AI Summary
This bill aims to modify existing tax preference laws for urban areas, with a specific focus on supporting clean energy manufacturers. The bill updates RCW 84.25.110 to provide more detailed requirements for tax exemption applications, particularly for industrial and manufacturing facilities, with special provisions for nuclear facilities requiring United States Nuclear Regulatory Commission certification. Key changes include expanding documentation requirements, such as mandating statements about new job creation, verification of labor agreements, and compliance with wage standards. The bill also extends potential time frames for project completion, allowing cities to grant up to two 24-month extensions for nuclear facility projects if circumstances beyond the owner's control have delayed construction. Additionally, the bill requires cities to consult with the Department of Labor and Industries to confirm contractors' compliance with wage and hour laws, and ensures that clean energy manufacturers have equal access to existing targeted urban area tax preferences. The legislature's intent is to support Washington's clean energy sector, create family-wage jobs, and advance carbon-free energy objectives by providing more flexible and supportive tax exemption processes for qualifying industrial and manufacturing projects.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
By resolution, reintroduced and retained in present status. (on 01/12/2026)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Loading...