Washington HB1994 proposes a tax on industrial-scale renewable energy facilities to support local communities.

HB1994 allows counties to impose an excise tax on industrial-scale renewable energy facilities, including wind, solar, and battery storage, if approved by voters. The tax rates vary based on the type and operational period of the facility, with rates adjusted annually for inflation. The tax aims to support local communities hosting these facilities, with specific rates set for different operational periods. The tax expires 30 years after its imposition unless renewed by voter approval.

Washington HB1994 proposes a tax on industrial-scale renewable energy facilities to support local communities.

HB1994 allows counties to impose an excise tax on industrial-scale renewable energy facilities, including wind, solar, and battery storage, if approved by voters. The tax rates vary based on the type and operational period of the facility, with rates adjusted annually for inflation. The tax aims to support local communities hosting these facilities, with specific rates set for different operational periods. The tax expires 30 years after its imposition unless renewed by voter approval.