CERTIFICATION OF ENROLLMENT
ENGROSSED HOUSE BILL 2199
Chapter 115, Laws of 2024
68TH LEGISLATURE
2024 REGULAR SESSION
CLIMATE COMMITMENT ACT—BUSINESS AND OCCUPATION AND PUBLIC UTILITY TAX EXEMPTIONS
EFFECTIVE DATE: April 1, 2024
Passed by the House February 9, 2024 Yeas 97 Nays 0 LAURIE JINKINS
Speaker of the House of Representatives Passed by the Senate March 1, 2024 Yeas 48 Nays 1 DENNY HECK
President of the Senate | CERTIFICATE I, Bernard Dean, Chief Clerk of the House of Representatives of the State of Washington, do hereby certify that the attached is ENGROSSED HOUSE BILL 2199 as passed by the House of Representatives and the Senate on the dates hereon set forth. BERNARD DEAN
Chief Clerk Chief Clerk |
Approved March 15, 2024 9:46 AM | FILED March 15, 2024 |
JAY INSLEE
Governor of the State of Washington | Secretary of State State of Washington |
ENGROSSED HOUSE BILL 2199
Passed Legislature - 2024 Regular Session
State of Washington | 68th Legislature | 2024 Regular Session |
ByRepresentatives Orcutt, Fitzgibbon, Reed, Doglio, and Leavitt
Read first time 01/09/24.Referred to Committee on Finance.
AN ACT Relating to creating business and occupation and public utility tax exemptions for certain amounts received as the result of receipt, generation, purchase, sale, transfer, or retirement of allowances, offset credits, or price ceiling units under the climate commitment act; adding a new section to chapter
82.04 RCW; adding a new section to chapter
82.16 RCW; creating a new section; providing an effective date; and declaring an emergency.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
NEW SECTION. Sec. 1. A new section is added to chapter
82.04 RCW to read as follows:
(1) This chapter does not apply to amounts received by a covered entity, opt-in entity, or entity that receives no-cost allowances, as defined in chapter
70A.65 RCW, from the receipt, generation, purchase, sale, transfer, or retirement of allowances, offset credits, or price ceiling units under chapter
70A.65 RCW.
(2) The provisions of RCW
82.32.805 and
82.32.808 do not apply to subsection (1) of this section.
NEW SECTION. Sec. 2. A new section is added to chapter
82.16 RCW to read as follows:
(1) This chapter does not apply to amounts received by a covered entity, opt-in entity, or entity that receives no-cost allowances, as defined in chapter
70A.65 RCW, from the receipt, generation, purchase, sale, transfer, or retirement of allowances, offset credits, or price ceiling units under chapter
70A.65 RCW.
(2) The provisions of RCW
82.32.805 and
82.32.808 do not apply to subsection (1) of this section.
NEW SECTION. Sec. 3. This act applies both retrospectively and prospectively.
NEW SECTION. Sec. 4. This act is necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and takes effect April 1, 2024.
Passed by the House February 9, 2024.
Passed by the Senate March 1, 2024.
Approved by the Governor March 15, 2024.
Filed in Office of Secretary of State March 15, 2024.
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