HB 2260: Rural county tax incentives

Summary

• C Allows rural counties a local option public facilities sales and use tax of 0.08 percent which is credited against the state sales and use tax.
• $ Defines rural counties as those with population density of less than 100 persons per square mile.
• C Defines the public facilities that can be financed with proceeds from the rural county local option sales and use tax.
• $ Creates a business and occupations tax credit for businesses located in rural counties that provide information technology help desk services.
• $ Creates a $1,000 per job business and occupation tax credit for jobs created in rural counties in software manufacturing or computer programming.
• $ Creates a public utility tax credit for donations to an electric utility economic development revolving fund.

From the Substitute House Bill Report (SHB 2260), written by the Legislature's nonpartisan staff. Read the full report ↗