Biodiesel, Biodiesel Feedstock, and Alcohol Fuel Production Property and Leasehold Tax Exemption

WA Property Tax Incentive industrial

Administered by: Washington State Department of Revenue

Program Details

Program ID
985
Last Updated
7/28/2003

Eligibility

Eligible Sectors
industrial

Program Summary

House Bill 1240 amends RCW 84.36 and RCW 82.29A.135 to include buildings, machinery, equipment, and other personal property used primarily for the manufacturing of biodiesel or alcohol fuel in property and leasehold tax exemptions. This exemption is available for six years after the initial date of operation. If a manufacturing facility produces alcohol or biodiesel to be used for non-fuel purposes, the amount of the property tax exemption will be based on a percentage of the total gallons of biodiesel or alcohol that is sold or used as fuel.

Contact & Resources

Please verify current program details with the administering agency before making any financial decisions.

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