BILL · 2015–16 SESSION · LATEST VERSION SHB 1381

HB 1381: Aluminum smelter tax prefs

Encouraging job retention and creation in rural economies through the transparent and accountable extension of aluminum smelter tax preferences.

Summary

  • Extends the reduced business and occupation (B&O) tax rate for aluminum smelter manufacturing and wholesaling until January 1, 2022.
  • Extends the B&O tax credit for property taxes paid on an aluminum smelter through 2022.
  • Extends the credit against retail sales and use tax liability for the state portion of sales and use taxes paid by an aluminum smelter on property and labor and services associated with the property, until January 1, 2022.
  • Extends the exemption for an aluminum smelter from paying the brokered natural gas use tax on gas delivered to it through a pipeline until January 1, 2022.
  • Establishes performance metrics for the tax preference, based on smelter employment, electricity prices, aluminum prices, and changes in reported profitability of the smelters.
  • Requires repayment of all or a portion of tax preference amounts saved, triggered by certain changes in employment or average wages at the smelter.

From the House Bill Report (HB 1381), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 19, 2015
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Vincent Buys (R-42)
Introduced
January 19, 2015 in the House
Last action
March 10, 2016
Budget
Has a fiscal note
Versions
HB 1381, SHB 1381

AN ACT Relating to encouraging job retention and creation in rural economies through the transparent and accountable extension of aluminum smelter tax preferences;

Sponsors

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. By resolution, reintroduced and retained in present status. (SHB 1381)
  2. By resolution, reintroduced and retained in present status.
  3. By resolution, reintroduced and retained in present status. (SHB 1381)
  4. By resolution, reintroduced and retained in present status.
  5. By resolution, reintroduced and retained in present status. (SHB 1381)
  6. By resolution, reintroduced and retained in present status.
  7. By resolution, reintroduced and retained in present status. (SHB 1381)
  8. By resolution, reintroduced and retained in present status.
  9. By resolution, reintroduced and retained in present status. (SHB 1381)
  10. By resolution, reintroduced and retained in present status.
  11. Referred to Finance. (SHB 1381)
  12. Referred to Finance.
  13. Minority; without recommendation. (SHB 1381)
  14. TED - Majority; 1st substitute bill be substituted, do pass. (SHB 1381)
  15. Minority; do not pass. (SHB 1381)
  16. Minority; do not pass.
  17. TED - Majority; 1st substitute bill be substituted, do pass.
  18. Minority; without recommendation.
  19. First reading, referred to Technology & Economic Development (Not Officially read and referred until adoption of Introduction report).

HB 1381 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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