Bill > HB2404

This bill aims to reduce taxes on special fuels, such as diesel, which are essential for transporting goods and supporting Washington's economy, by removing a tax increase scheduled for July 1, 2025, and any planned future increases. The legislature finds that higher fuel prices in Washington compared to neighboring states encourage residents to purchase fuel out of state, negatively impacting local businesses and increasing the cost of Washington-produced goods. By lowering these taxes, the bill intends to encourage in-state fuel purchases, reduce the cost of local products, and boost the state's economy. Additionally, the bill modifies how annual license fees for vehicles using alternative fuels like natural gas and propane are calculated, specifically for 2026, by using the 2024 tax rate for the calculation instead of the rate from the preceding year.

Transportation and Infrastructure

https://app.leg.wa.gov/billsummary?BillNumber=2404&Year=2025&Initiative=false