This bill proposes the repeal of the public utility tax credit for home energy assistance by eliminating RCW 82.16.0497, which pertains to credits for light and power businesses as well as gas distribution businesses. The bill specifically states that the sections related to this credit, including those from previous legislative sessions, are to be repealed.
Additionally, the bill establishes an effective date for this repeal, which will take effect on January 1, 2026. This timeline allows for a transition period before the repeal is implemented.