WA
Washington House Bill HB1857

Washington 2023-2024 Regular Session

Washington House Bill HB1857

Introduced
4/19/23  

Caption

Creating a business and occupation tax credit for the cost of low-risk pesticides.

Impact

The enactment of HB 1857 would introduce a tax credit mechanism that directly impacts the tax liabilities of businesses involved in agricultural operations. This could lead to a significant shift in how these businesses allocate their finances regarding chemical use, promoting a more sustainable approach. The bill is expected to stimulate interest in eco-friendly pest control methods, fostering greater compliance with environmental standards and public health initiatives related to agricultural practices. Overall, it has the potential to improve local ecosystems while also supporting economic development in the agriculture sector.

Summary

House Bill 1857 focuses on creating a business and occupation tax credit specifically aimed at the costs associated with low-risk pesticides. The proposal is rooted in an effort to promote safer agricultural practices while potentially easing the financial burden on businesses that opt for environmentally friendly pesticide alternatives. By financially incentivizing the use of low-risk pesticides, the bill aims to encourage more businesses in the agricultural sector to make sustainable choices that can benefit both consumers and the environment.

Sentiment

The general sentiment surrounding HB 1857 appears to be supportive, particularly among environmental groups and agricultural businesses that recognize the importance of mitigating potential health risks associated with chemical pesticide use. However, there are also concerns about the bill's implementation and the effectiveness of the tax credit in achieving its intended outcomes. Critics may argue that while the intention is noble, the actual financial relief offered may not be sufficient to drive widespread change in practices among all agricultural businesses.

Contention

Despite the overall positive reception, notable points of contention include the adequacy of the tax credit's value and the criteria for what qualifies as a 'low-risk' pesticide. There may be discussions about the potential loopholes and how easily businesses can qualify for the credit without necessarily shifting to genuinely safer practices. Additionally, the bill's effectiveness is contingent upon the proper administration and oversight of its provisions, ensuring that the intended environmental and economic benefits are realized.

Companion Bills

No companion bills found.

Previously Filed As

WA SB6112

Authorizing a business and occupation tax credit for the cost of donated food items by grocery stores and other food retailers.

WA HB2081

Modifying business and occupation tax surcharges, rates, and the advanced computing surcharge cap, clarifying the business and occupation tax deduction for certain investments, and creating a temporary business and occupation tax surcharge on large companies.

WA SB5815

Modifying business and occupation tax surcharges, rates, and the advanced computing surcharge cap, clarifying the business and occupation tax deduction for certain investments, and creating a temporary business and occupation tax surcharge on large companies.

WA HB1714

Enabling opportunities for risk pooling by small businesses for property and liability risks.

WA LR219

Interim study to review the credentialing requirements under the Pesticide Act for purposes of the Occupational Board Reform Act

WA HB2045

Investing in Washington families by restructuring the business and occupation tax on high grossing businesses and financial institutions.

WA HB1895

Establishing a business and occupation tax credit for small business employers providing educational assistance to employees.

WA HB1604

Providing a retroactive business and occupation tax exemption for custom farming.

WA HB1284

Eliminating the investment income business and occupation tax deduction for corporations and other business entities.

WA HB1815

Creating a business and occupation tax deduction and increasing the tax rate for persons conducting payment card processing activities.

Similar Bills

No similar bills found.