Washington 2025-2026 Regular Session

Washington House Bill HB1960

Introduced
2/12/25  
Refer
2/12/25  
Report Pass
2/25/25  
Refer
2/26/25  
Report Pass
2/28/25  
Refer
2/28/25  
Refer
4/27/25  
Refer
1/12/26  
Report Pass
1/29/26  
Refer
2/3/26  
Report Pass
2/9/26  
Refer
2/9/26  
Engrossed
2/23/26  
Refer
2/24/26  
Report Pass
3/2/26  
Enrolled
3/12/26  
Chaptered
4/1/26  

Caption

AN ACT Relating to encouraging renewable energy in Washington through tax policy and investment in local communities;

Summary

HB 1960 creates a new tax and incentive structure intended to encourage renewable energy development in Washington and direct some of the resulting revenue back to host communities. The bill defines “qualified renewable energy facilities” and battery electric storage systems, then provides property tax exemptions for certain personal property used in those facilities, with different treatment depending on when a project begins operating or is repowered. It also allows some existing projects to opt into the new framework if they meet notice and timing requirements. The bill imposes a new state renewable energy excise tax on qualified renewable energy facilities and battery storage systems, and authorizes counties and local taxing districts to impose matching local and special local excise taxes. The tax rates are set per megawatt of nameplate capacity for solar and wind facilities and per megawatt-hour for battery storage systems, and the revenues are deposited into a new local investment distribution account. The bill also requires annual reporting by facility owners, directs the Department of Revenue to administer the program, and repeals prior statutes governing taxation and local benefit accounts for renewable energy generation and storage. In addition to the tax changes, the bill creates a local investment distribution program to send state excise tax revenue back to counties hosting qualifying projects, with distribution to local taxing districts based on property tax shares. It also establishes a tribal capacity grant program for federally recognized tribes in Washington, funded from climate-related accounts and later from the local investment distribution account, to support consultation, siting, resilience, and tribal clean energy development. The bill further directs the Department of Commerce to provide technical assistance, publish a model ordinance for siting qualifying energy projects, and support local governments in managing renewable energy development. The bill’s impact on state law is broad: it amends multiple RCW provisions, creates new tax and reporting rules, establishes new accounts and grant programs, and changes how renewable energy projects are taxed and how local governments may benefit from them. It also modifies property tax limitation provisions to account for new construction and certain renewable energy-related improvements, and it includes confidentiality provisions for tax information administered under the new chapter. Overall, the bill shifts Washington from a property-tax-based approach for these projects toward an excise-tax framework with revenue-sharing and community investment components. The general sentiment appears favorable, with strong committee and floor support in both chambers, though not unanimous. The bill passed House and Senate committees by wide margins and cleared final passage with substantial majorities, suggesting broad agreement with its clean-energy and local-benefit goals. The main points of contention are likely the new tax burden on renewable energy and storage projects, the local siting and permitting standards, and the extent to which counties and tribes should control or benefit from project development. The bill’s detailed opt-in rules, phased implementation, and model-ordinance requirements suggest lawmakers were also balancing development incentives against concerns about local impacts, tax fairness, and community acceptance.

Impact

HB 1960 creates a new chapter of Washington law governing the taxation of qualified renewable energy facilities and battery electric storage systems, replacing prior renewable-energy property tax and local-benefit provisions. It exempts certain personal property from property taxation, imposes state and local renewable energy excise taxes, creates a local investment distribution account, and establishes new reporting, administration, and confidentiality requirements. It also amends property tax limitation statutes to account for renewable-energy-related construction and improvements, and it adds new grant and technical-assistance programs for counties and tribes affected by renewable energy development.

Sentiment

The bill appears to have enjoyed generally positive support in the Legislature, as reflected by strong committee votes and comfortable final passage margins in both chambers. The votes suggest broad agreement with the policy goal of encouraging renewable energy while ensuring local communities and tribes receive some economic benefit. The lack of committee transcripts limits insight into detailed debate, but the overall voting pattern indicates the bill was viewed as a significant but workable restructuring rather than a highly divisive measure.

Contention

Likely areas of contention include whether renewable energy projects should be taxed through an excise-tax model rather than remain under property tax treatment, how high the new tax rates should be, and whether the bill could affect project economics or future investment. Local governments may also have differing views on the siting standards and the extent of local discretion, while tribes may focus on consultation, cultural-resource protections, and the adequacy of capacity funding. Another possible point of debate is the distribution formula for revenues and whether the bill fairly balances state, county, school district, and host-community interests.

Companion Bills

No companion bills found.

Previously Filed As

WA HB1994

Encouraging local support of communities that host renewable energy through changes in tax policy.

WA SB5445

AN ACT Relating to encouraging the development of distributed energy resources;

WA LR506

Interim study to examine how public funds are deposited, held, and invested, and to evaluate the economic impacts of current public-fund investment practices on local communities throughout Nebraska

WA HB1679

AN ACT Relating to encouraging electric utility investments in advanced nuclear reactor projects for clean energy transformation act compliance;

WA HB2046

Creating fairness in Washington's tax by imposing a tax on select financial intangible assets.

WA HB2413

AN ACT Relating to ensuring that the clean energy transformation act provides the regulatory certainty to allow investments in new energy generation resources sufficient to meet Washington's energy needs;

WA SB5216

Concerning green energy community funds to support school districts and nonprofit organizations that service the communities where renewable energy projects are located.

WA HB1587

AN ACT Relating to encouraging local government partner promise scholarship programs within the Washington state opportunity scholarship program;

WA HB1288

AN ACT Relating to environmental leadership through outdoor recreation and climate adaptation investments;

WA HB1981

Imposing a local option tax on the sale or transfer of renewable energy facilities.

Similar Bills

No similar bills found.