WA People
BILL · 2021–22 SESSION · LATEST VERSION SSB 5744

SB 5744: Clean tech. tax deferrals

Concerning tax deferrals for investment projects in clean technology manufacturing, clean alternative fuels production, and renewable energy storage.

Summary

  • Defers state and local sales and use taxes for an investment project in either qualified buildings or qualified machinery and equipment, or both, for new, renovated, or expanded manufacturing operations, including zero-emission vehicles and electricity from renewable resources; facilities that produce clean fuels; and storage facilities for energy or green or electrolytic hydrogen .
  • Reduces the amount of state sales and use tax to be repaid if the recipient complies with specified labor standards.
  • Directs the Department of Revenue to stop accepting new applications for the deferral after June 30, 2032.

From the Senate Bill Report (SB 5744), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 10, 2022
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Joe Nguyen (D-34)
Introduced
January 10, 2022 in the Senate
Last action
February 3, 2022
Requested by
State agency
Companion bill
HB 1988
Budget
Has a fiscal note
Versions
SB 5744, SSB 5744

AN ACT Relating to tax deferrals for investment projects in clean technology manufacturing, clean alternative fuels production, and renewable energy storage;

Sponsors

Prime sponsor: Joe Nguyen (D-34)

9 co-sponsors (9 Democrats, 0 Republicans)

Senator D-36Steve Conway D-29Senator D-47Patty Kuderer D-48Mark Mullet D-5T'wina Nobles D-28Jamie Pedersen D-43Rebecca Saldaña D-37Yasmin Trudeau D-27

Votes

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

History

  1. Referred to Ways & Means. (SSB 5744)
  2. Referred to Ways & Means.
  3. Minority; do not pass. (SSB 5744)
  4. ENET - Majority; 1st substitute bill be substituted, do pass. (SSB 5744)
  5. And refer to Ways & Means. (SSB 5744)
  6. And refer to Ways & Means.
  7. ENET - Majority; 1st substitute bill be substituted, do pass.
  8. Minority; do not pass.
  9. First reading, referred to Environment, Energy & Technology.
  10. Prefiled for introduction.

SB 5744 in other sessions

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

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