H-4464.5
HOUSE BILL 2990
State of Washington
64th Legislature
2016 Regular Session
By Representatives Peterson, Robinson, Farrell, Gregerson, Bergquist, Riccelli, Jinkins, Pollet, Kuderer, Stanford, Ryu, Frame, Tharinger, Moscoso, Cody, Sells, Appleton, Reykdal, Ortiz-Self, Wylie, Hudgins, S. Hunt, Kagi, Van De Wege, Moeller, Tarleton, Senn, Walkinshaw, and Ormsby
AN ACT Relating to improving the fairness of Washington's tax system by narrowing the use tax exemption for extracted fuel; amending RCW 82.12.0263; adding a new section to chapter 82.12 RCW; adding a new section to chapter 82.32 RCW; and adding a new section to chapter 43.135 RCW.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
Sec. 1.  RCW 82.12.0263 and 1980 c 37 s 62 are each amended to read as follows:
The provisions of this chapter ((shall)) do not apply in respect to the use of biomass fuel by the extractor or manufacturer thereof when used directly in the operation of the particular extractive operation or manufacturing plant which produced or manufactured the same. For purposes of this section, "biomass fuel" means wood waste and other wood residuals, including forest derived biomass, but does not include firewood or wood pellets. "Biomass fuel" also includes partially organic by-products of pulp, paper, and wood manufacturing processes.
NEW SECTION.  Sec. 2.  A new section is added to chapter 82.12 RCW to read as follows:
The value of the article used with respect to refinery fuel gas under this chapter is the most recent monthly United States natural gas wellhead price, as published by the federal energy information administration.
NEW SECTION.  Sec. 3.  A new section is added to chapter 82.32 RCW to read as follows:
(1) By the last workday of the second and fourth calendar quarters, the state treasurer must transfer the amount specified in subsection (2) of this section from the general fund to the education legacy trust account. The first transfer under this subsection (1) must occur by December 31, 2016.
(2) By December 15th and by June 15th of each year, the department must estimate the increase in state general fund revenues from the changes made under sections 1 and 2 of this act for the current and prior calendar quarters and notify the state treasurer of the increase.
NEW SECTION.  Sec. 4.  A new section is added to chapter 43.135 RCW to read as follows:
RCW 43.135.034(4) does not apply to the transfers under section 3 of this act.
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