Biofuels Production Tax Exemption

Qualifying buildings, equipment, and land used in the manufacturing of alcohol fuel, biodiesel, or biodiesel feedstocks, are exempt from state and local property and leasehold excise taxes for a period of six years from the date the facility or addition to the existing facility becomes operational. Applicants must submit their applications for this exemption by December 31, 2015. (Reference Revised Code of Washington 82.29A.135, 84.36.635 and 84.36.640)