HB1768 – Public utility tax exemption for electricity used by green electrolytic or renewable hydrogen businesses.
Prime Sponsor – Representative Shavers (D; 10th District; Island County) (Co-Sponsors Barnard – R; Chapman and Ramel – Ds)
Current status – Referred to the Senate Committee on Environment, Energy & Technology.
Next step would be –  Scheduling a hearing.
Legislative tracking page for the bill.

In the House – Passed
Had a hearing in the House Committee on Finance Wednesday February 22nd.  Replaced by a substitute, amended, and passed out of committee March 9th. Referred to Rules, and passed by the House with one vote opposed on March 16th.

Changes in the House –
There’s a summary by staff of the changes in the substitute at the beginning of it. The amendment added high heat industrial processes using hydrogen as a fuel, rail, and off-road agricultural or industrial equipment to the uses eligible for the exemption.

Summary –
The bill would create an exemption from the public utility tax for electricity used by businesses producing, storing, or dispensing electrolytic or renewable hydrogen for uses included in the state energy strategy, such as high heat industry, decarbonization of transportation, storage or generation of electricity, or fuels with a carbon intensity less than one under the Clean Fuels Act’s rules.

Operations would have to start before July 2033 to qualify, and utilities would be required to pass the reduction in their tax on to the businesses.