2995-S AMH COND HUGH 239

SHB 2995 - H AMD TO H AMD (H-5172.1/18) 1435

By Representative Condotta

    On page 31, line 6 of the striking amendment, after "wave energy," insert "freshwater as specified under RCW 19.285.030(12)(c),"

    On page 31, line 26 of the striking amendment, after "from" insert "freshwater as specified under RCW 19.285.030(12)(c), or"

    On page 31, line 35 of the striking amendment, after "one" strike "hundred twenty-five thousand" and insert "million"

    On page 32, line 25 of the striking amendment, after "exceed" strike "five" and insert "fifty"

    On page 33, line 11 of the striking amendment, after "energy," insert "freshwater as specified under RCW 19.285.030(12)(c),"

    On page 33, line 24 of the striking amendment, after "energy," insert "freshwater as specified under RCW 19.285.030(12)(c),"

    On page 33, line 28 of the striking amendment, after "energy," insert "freshwater as specified under RCW 19.285.030(12)(c),"

    On page 35, line 9 of the striking amendment, after "wave energy," insert "freshwater as specified under RCW 19.285.030(12)(c),"

    On page 35, line 29 of the striking amendment, after "from" insert "freshwater as specified under RCW 19.285.030(12)(c), or"

EFFECT:   Extends a sales and use tax exemption beginning January 1, 2020, to machinery and equipment used directly in generating electricity using hydroelectric generation from a project completed after March 31, 1999, where the generation facility is located in irrigation pipes, irrigation canals, water pipes whose primary purpose is for conveyance of water for municipal use, and wastewater pipes located in Washington where the generation does not result in new water diversions or impoundments. Increases the per-taxpayer cap on the sales and use tax exemption from $125,000 per year to $1 million per year. Increases the statewide cap on the sales and use tax exemption from $5 million per year to $50 million per year.

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