WA SB5092

Sales and use tax exemption for farm equipment purchases of $10,000 or more by eligible farmers with annual gross income under $2,000,000 from agricultural products and bee pollination services

Covers tractors, trailers, combines, tillage implements, balers, and other equipment used in planting, cultivating, irrigation, harvesting, and marketing of agricultural, horticultural, or livestock products; excludes motor vehicles and motorcycles

Eligible farmers may claim the exemption only once per calendar year and must provide an exemption certificate to sellers

Farm income threshold will be adjusted for inflation by December 2030, with the new threshold applying to purchases on or after January 1, 2031

Takes effect October 1, 2025 and expires October 1, 2035; Joint Legislative Audit and Review Committee must evaluate fiscal impact and changes in small/medium-sized agricultural producers by January 1, 2034