The bill aims to enhance access to targeted urban area tax preferences for clean energy manufacturers in Washington State, reflecting the legislature's commitment to clean energy production and job creation in this sector. It introduces a new section that allows cities to extend additional time for clean energy manufacturers to qualify for these tax preferences, thereby supporting economic growth and the state's carbon-free energy objectives.

Amendments to RCW 84.25.110 include changes to the requirements for owners of industrial/manufacturing facilities seeking tax exemptions. Notably, the bill specifies that if a project is a nuclear facility requiring certification by the United States Nuclear Regulatory Commission, additional documentation and verification are necessary, including labor standards and compliance with wage laws. The bill also allows for extensions of deadlines for project completion under certain circumstances, particularly for nuclear facilities, and establishes a process for appealing exemption denials.

Statutes affected:
Original Bill: 84.25.030, 84.25.110
Substitute Bill: 84.25.030, 84.25.110
Engrossed Substitute: 84.25.110