HB 2518-S - DIGEST

(SUBSTITUTED FOR - SEE 2ND SUB)

Exempts from the state public utility tax the sales of electricity to an electrolytic processing business.

Provides that a person who receives the benefit of an electrolytic processing business tax exemption shall make an annual report to the department detailing employment, wages, and employer-provided health and retirement benefits per job at the manufacturing site.

Provides that, if a person fails to submit an annual report under this act by the due date of the report, the department shall declare the amount of taxes exempted for that year to be immediately due and payable. This information is not subject to the confidentiality provisions of RCW 82.32.330 and may be disclosed to the public upon request.