TagHB1505(3)

Legislative bill analysis examining House Bill 1505, which establishes tax preferences for alternative jet fuel, amends the Clean Fuels Program, expands the Department of Commerce’s renewable fuels office focus, and directs Washington State University to convene an alternative jet fuels workgroup. The bill aims to promote the development of Washington’s alternative jet fuel industry through

Fiscal impact analysis for Washington State House Bill 1505 regarding alternative jet fuel, showing estimated cash receipts, operating expenditures, and capital budget impacts across multiple state agencies from 2023-2029. The analysis indicates significant revenue impacts starting in 2025-27 with $520,000 in reduced receipts escalating to over $9 million by 2027-29.

Washington State legislation to promote sustainable aviation fuel production and use through tax incentives and regulatory changes. The bill amends various RCW chapters to support the alternative jet fuel industry using climate commitment act funds.