Concerning sales and use tax exemptions for certain property and services used in manufacturing, research and development, or testing operations, not including changes to RCW 82.08.02565 and 82.12.02565 that reduce state revenue.
Summary
Clarifies that the sales and use tax exemption for machinery and equipment (M&E) does not apply if the M&E is used in connection with utility-related activities.
Clarifies that the sales and use tax exemption for M&E does not apply to research and development activities of the state or its public institutions.
Provides a stand-alone sales and use tax exemption for M&E used by public research institutions as part of a research and development operation.
From the House Bill Report (HB 1347), written by the Legislature's nonpartisan staff. Read the full report ↗
AN ACT Relating to sales and use tax exemptions for certain property and services used in manufacturing, research and development, or testing operations, not including changes to RCW 82.08.02565 and 82.12.02565 that reduce state revenue;