This bill aims to provide cost relief to Washington residents by suspending certain requirements of the climate commitment act. The legislature recognizes that households are facing significant increases in the cost of living, particularly due to rising prices for fuel, utilities, and essential goods. It highlights that compliance costs associated with the climate commitment act are contributing to these price increases, disproportionately affecting vulnerable populations such as working families, individuals on fixed incomes, and small businesses. To alleviate this burden, the bill proposes to suspend the implementation of specific components of the climate commitment act.

The bill introduces a new section to chapter 70A.65 RCW, which states that sections RCW 70A.65.060 through 70A.65.210, 70A.65.310, and 70A.65.320, along with any related rules, will be suspended from the effective date of the bill until December 31, 2027. Additionally, the bill declares an emergency, indicating that it is necessary for the immediate preservation of public peace, health, or safety, and it takes effect immediately upon passage.