HB 1756 - Amends Tax Rules Concerning Clean Energies and Increased Revenue to Local Governments, Schools, and Communities - Washington Key Vote
Sharon Shewmake voted Yea (Passage) on this Legislation.
Timeline
- Executive Signed
- May 11, 2023
- Senate Bill Passed
- April 19, 2023
- House Bill Passed
- March 16, 2023
- Introduced
- Feb. 3, 2023
Related Issues
Stage Details
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 Smart's Synopsis:
Vote to pass a bill that amends tax rules concerning clean energy and increased revenue to local governments and impacted communities.
Highlights:
-
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 Smart's Synopsis:
Vote to pass a bill that amends tax rules concerning clean energy and increased revenue to local governments and impacted communities.
Highlights:
-
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