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WA HB1981

Bill

Official Source

Status

Introduced

2/14/2025

Primary Sponsor

Mary Dye

Click for details

Origin

House of Representatives

2025-2026 Regular Session

AI Summary

  • County legislative authorities may impose a 3% excise tax on the sale or transfer of a controlling interest in renewable energy facilities (wind and solar)
  • The tax requires approval by a majority of county voters at a general or special election before it can be imposed
  • The tax is assessed on the seller, and proceeds go to general county revenues
  • The bill aims to address revenue leaving rural communities that host renewable energy operations, citing underfunded infrastructure and limited local economic development
  • Effective date: January 1, 2026

Legislative Description

Imposing a local option tax on the sale or transfer of renewable energy facilities.

Last Action

By resolution, reintroduced and retained in present status.

1/12/2026

Committee Referrals

Finance2/14/2025

Full Bill Text

No bill text available