Modifying tax and revenue laws in a manner that is not estimated to affect state or local tax collections.

 S-1305.1

SUBSTITUTE SENATE BILL 5431

State of Washington

69th Legislature

2025 Regular Session

By Senate Ways & Means (originally sponsored by Senators Schoesler, Robinson, Dozier, and Nobles)

READ FIRST TIME 02/10/25.

AN ACT Relating to modifying tax and revenue laws in a manner that is not estimated to affect state or local tax collections; amending RCW 82.08.050 , 82.08.986 , and 43.06.400 ; amending 2022 c 172 s 3 (uncodified); amending 2017 3rd sp.s. c 37 s 401 (uncodified); and creating a new section.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

Sec. 1. 2022 c 172 s 3 (uncodified) is amended to read as follows:

(1) This section is the tax preference performance statement for the tax preference contained in section 2, chapter 172, Laws of 2022. This performance statement is only intended to be used for subsequent evaluation of the tax preference. It is not intended to create a private right of action by any party or be used to determine eligibility for preferential tax treatment.