Washington SB5673 provides sales and use tax exemptions for manufacturing and green manufacturing facilities.

Washington SB5673 introduces a sales and use tax exemption for manufacturing and green manufacturing facilities. The bill exempts these facilities from taxes on construction materials, equipment, and labor services. It mandates annual tax performance reports and prohibits the transfer of exemption certificates without prior written consent from the department. The exemptions are set to expire on January 1, 2037, and no new exemption certificates can be issued after July 1, 2035.

Washington SB5673 provides sales and use tax exemptions for manufacturing and green manufacturing facilities.

Washington SB5673 introduces a sales and use tax exemption for manufacturing and green manufacturing facilities. The bill exempts these facilities from taxes on construction materials, equipment, and labor services. It mandates annual tax performance reports and prohibits the transfer of exemption certificates without prior written consent from the department. The exemptions are set to expire on January 1, 2037, and no new exemption certificates can be issued after July 1, 2035.