HB2486 – Extends tax breaks for marine electric motors for another ten years.
Prime Sponsor – Representative Lekanoff (D; 40th District; San Juan Islands and Anacortes) (By request of the Governor)
Current status – Referred to the House Committee on Finance. Had a hearing February 6th. Did not pass out of committee by the cutoff for finance committees.
Next step would be – Dead bill.
Legislative tracking page for the bill.
Summary –
New fully electric vessels with batteries that provide at least fifteen kilowatts of continuous power and outboard motors that meet that standard are currently exempted from the sales and use taxes until 2025. The bill would extend those exemptions for another ten years.