Bill > SB5431

This bill makes several technical amendments to existing tax laws and provisions, primarily focusing on clarifying and updating language related to tax exemptions and reporting requirements. The bill modifies provisions for computer data center tax exemptions, changing some numerical references (such as changing "twenty" to "20" in various instances) and updating reporting terminology from "survey" to "tax performance report" or "tax preference report". It extends the timeline for tax exemption reviews, moving the starting point from January 1984 to January 2029 for the Department of Revenue's required biennial listing of tax exemptions. The bill also makes minor adjustments to definitions and requirements for data center tax exemptions, such as updating employment position requirements and clarifying how replacement server equipment can be considered for exemptions. Notably, the bill is designed to be revenue-neutral, meaning these changes are not estimated to affect state or local tax collections. The bill includes amendments to several RCW (Revised Code of Washington) sections related to tax law, including RCW 82.08.050, 82.08.986, and 43.06.400, with the primary goal of technical refinement and maintaining existing tax policies.

Budget and Finance

https://app.leg.wa.gov/billsummary?BillNumber=5431&Year=2025&Initiative=false