Washington 2023-2024 Regular Session

Washington House Bill HB2454

Introduced
1/23/24  
Refer
1/23/24  
Report Pass
2/5/24  
Refer
2/5/24  
Engrossed
2/15/24  
Refer
2/16/24  
Report Pass
2/22/24  
Enrolled
3/7/24  
Chaptered
3/25/24  

Caption

Extending an existing hazardous substance tax exemption for certain agricultural crop protection products that are temporarily warehoused but not otherwise used, manufactured, packaged, or sold in the state of Washington.

Impact

The extension of the hazardous substance tax exemption for temporarily warehoused agricultural crop protection products is expected to have a positive impact on state agricultural laws. By reducing tax liabilities, the bill aims to provide economic relief to farmers and agricultural producers, allowing them to allocate resources more effectively. This could potentially lead to increased agricultural productivity and a more competitive market for local farmers who rely on crop protection products for their operations.

Summary

House Bill 2454 aims to extend an existing exemption from hazardous substance taxes for specific agricultural crop protection products that are temporarily warehoused in Washington but are not used, manufactured, packaged, or sold within the state. The legislation is intended to support the agricultural sector by reducing the financial burden associated with warehousing these products, thereby encouraging more efficient and cost-effective agricultural practices. This move is significant for farmers and agricultural businesses that utilize such products in their operations.

Sentiment

General sentiment around HB 2454 appears to be favorable, especially among the agricultural community. Lawmakers expressed support for the bill during discussions, recognizing the need for measures that assist in the growth and sustainability of agriculture in Washington. However, there may be concerns from environmental advocates regarding the potential implications of extending tax exemptions related to hazardous substances, as they may fear it could lead to a lack of regulation or oversight.

Contention

Notably, some points of contention may arise from differing opinions regarding the environmental implications of extending the tax exemption. While advocates argue that the exemption is essential for supporting local agriculture, critics could raise issues about the potential risks associated with hazardous substances and the need for stringent controls, even in the context of economic support. The discussions thus center not only on the economic benefits but also the balance between supporting agriculture and ensuring environmental safety.

Companion Bills

WA SB5915

Crossfiled Extending an existing hazardous substance tax exemption for certain agricultural crop protection products that are temporarily warehoused but not otherwise used, manufactured, packaged, or sold in the state of Washington.

Previously Filed As

WA SB5915

Extending an existing hazardous substance tax exemption for certain agricultural crop protection products that are temporarily warehoused but not otherwise used, manufactured, packaged, or sold in the state of Washington.

WA HB1729

Revised for 1st Substitute: Creating and expanding tax incentives for the research, development, deployment, production, and sale of hydrogen fuel products in Washington state.Original: Creating and expanding tax incentives for the research, development, production, and sale of hydrogen fuel products in Washington state.

WA SB5091

Revised for 2nd Substitute: Creating and expanding tax incentives for the research, development, production, and sale of hydrogen fuel products in Washington state.Original: Creating and expanding tax incentives for the research, development, production, and sale of hydrogen fuel cells in Washington state.

WA SB5341

Revised for Engrossed: Creating a location-based promotion program for Washington food and agricultural products.Original: Creating a location-based branding and promotion program for Washington food and agricultural products.

WA SB6051

Concerning manslaughter when certain controlled substances are sold that result in death of the user.

WA HB1603

Creating a location-based promotion program for Washington food and agricultural products.

WA SB5601

Advancing the production and use of alternative jet fuels in Washington.

WA SB6243

Providing a state business and occupation tax exemption to encourage clean technology manufacturing in Washington.

WA SB5269

Concerning Washington state manufacturing.

WA HB1844

Advancing the production and use of alternative jet fuels in Washington.

Similar Bills

No similar bills found.