Bill > SB5383

This bill provides a sales and use tax exemption for inputs and services related to salmon recovery projects. Specifically, the bill creates a tax exemption for labor, services, building materials, equipment, and personal property used in qualified salmon recovery projects, such as habitat restoration, hatchery facility improvements, fish barrier removal, and land acquisition. To qualify, a project must be sponsored by a private, public, or tribal entity that has received state funding and aims to increase salmon and steelhead stocks. Project sponsors must apply for an exemption certificate from the state department, which will be effective from the date of application until the project is certified as operationally complete. The exemption does not apply to property or services received before August 1, 2025, and sponsors must pay any due taxes within 60 days of the certificate's expiration. The bill adds new sections to chapters 82.08 and 82.12 of the Revised Code of Washington (RCW), creating a targeted tax incentive to support salmon recovery efforts in the state.

Budget and Finance

https://app.leg.wa.gov/billsummary?BillNumber=5383&Year=2025&Initiative=false