Title: Amends Tax Rules Concerning Clean Energies and Increased Revenue to Local Governments, Schools, and Communities
Signed by Governor Jay Inslee
Title: Amends Tax Rules Concerning Clean Energies and Increased Revenue to Local Governments, Schools, and Communities
Vote to pass a bill that amends tax rules concerning clean energy and increased revenue to local governments and impacted communities.
Authorizes exemptions from personal property tax if an individual meets certain requirements (Sec. 1).
Requires all tax exemptions to be filed by March 31st to each county assessor (Sec. 1).
Specifies that a taxpayer must register with the department in order to pay the production excise tax (Sec. 1).
Specifies that if they refuse or fail to pay the production excise tax then all personal property tax will be collected with interest (Sec. 1).
Defines terms related to tax exemption (Sec. 1).
Specifies the amounts to be paid on excise tax for electricity production using clean energy (Sec. 2).
Requires the county assessor to create a list of all taxpayers who have qualified for this exemption (Sec. 2).
Defines terms related to clean energy (Sec. 2).
Establishes the renewable energy local benefits account in the treasury to pay for the exemptions (Sec. 3).
Defines who and what is qualified for the exemptions (Sec. 3).
Title: Amends Tax Rules Concerning Clean Energies and Increased Revenue to Local Governments, Schools, and Communities
Vote to pass a bill that amends tax rules concerning clean energy and increased revenue to local governments and impacted communities.
Authorizes exemptions from personal property tax if an individual meets certain requirements (Sec. 1).
Requires all tax exemptions to be filed by March 31st to each county assessor (Sec. 1).
Specifies that a taxpayer must register with the department in order to pay the production excise tax (Sec. 1).
Specifies that if they refuse or fail to pay the production excise tax then all personal property tax will be collected with interest (Sec. 1).
Defines terms related to tax exemption (Sec. 1).
Specifies the amounts to be paid on excise tax for electricity production using clean energy (Sec. 2).
Requires the county assessor to create a list of all taxpayers who have qualified for this exemption (Sec. 2).
Defines terms related to clean energy (Sec. 2).
Establishes the renewable energy local benefits account in the treasury to pay for the exemptions (Sec. 3).
Defines who and what is qualified for the exemptions (Sec. 3).
Title: Amends Tax Rules Concerning Clean Energies and Increased Revenue to Local Governments, Schools, and Communities