Exempts bait sales for commercial fishing from sales and use tax in Washington.
The bill creates a sales and use tax exemption for bait purchased for commercial fishing in Washington. The tax exemption applies when the buyer provides an exemption certificate to the seller. The joint legislative audit and review committee must analyze the fiscal impact of the exemption and compare it to similar industries. The exemption expires on January 1, 2037.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.