First reading, referred to Finance.
Summary
The bill amends Washington’s sales‑tax code to limit exemptions for machinery and equipment used in manufacturing, testing, and research, and to set a sunset date for a special exemption for gas‑distribution businesses. It adds detailed definitions, documentation requirements, and audit provisions. The changes are intended to eliminate outdated tax preferences and generate more revenue for the general fund.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Topics
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