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 targets the removal of this tax credit, which has been in place since its introduction in previous legislative sessions.

Additionally, the bill establishes an effective date for the repeal, stating that it will take effect on January 1, 2026. This timeline allows for a transition period before the repeal is implemented, impacting how home energy assistance is funded through public utility taxes in Washington State.