February 19, 2018
Fast Facts
Bringing Business Up to Speed
Legislation of Note « All Categories

HB 2338: Low-Carbon Fuel Standard bill in limbo as of house-of-origin cutoff

An AWB-opposed bill that would have linked Washington to California's untested low-carbon fuel standard could still be in play even after failing to pass its house of origin.

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SB 6203: Carbon tax

The governor's carbon tax proposal, Senate Bill 6203, received a public hearing last week. AWB testified in opposition to the measure. While the proposal did not move out of committee, it is still considered in play. There is no word yet if the bills have the votes to pass either chamber.

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2SHB 1506: Pay Equity

A measure to address pay equity, 2SHB 1506, passed the House with a vote of 69-28 and is now being worked on in the Senate. AWB is asking for four amendments on the bill.

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HB 2967: Creating a capital gains tax

The House Finance Committee last week heard testimony on House Bill 2967, a measure to create a new capital gains tax. The proceeds from the tax would be used to reduce property taxes, according to the bill's sponsor. AWB testified in opposition to the bill.

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B&O Tax Relief for Manufacturers
Support All Manufacturers

AWB tells House committee, 'It's time to let all manufacturers win'

By Jason Hagey, AWB

AWB President Kris Johnson called on lawmakers to lower the business and occupation (B&O) tax rate for all Washington manufacturers, not just those in some parts of the state, during a hearing Friday before the House Finance Committee.

In its current form, Substitute House Bill 2947 would lower the B&O rate for manufacturers in 30 counties. It would leave out nine counties, including many that consist largely of rural areas, such as Kitsap and Benton.

"It's time to let all manufacturers win," Johnson said, echoing language that Rep. Gael Tarleton, D-Ballard, used during a floor speech last week on a separate measure aimed at boosting Washington's boat manufacturers. "We're going to let our fishing fleet win," Tarleton declared before the House voted 97-1 in favor of her bill.
Read the full blog and watch the video at Olympia Business Watch
Preserving Local Commitment

Avista sale is good for customers, community

By Scott Morris, CEO, Avista Corp.

Six months ago, Avista and Hydro One announced plans to combine and form one of North America's largest regulated utilities. Since that time, as we've moved toward closing, our confidence has only grown in the benefits of this merger for all of our stakeholders, from our customers and employees to our shareholders and the communities we serve.

Given the central role that Avista plays in its service territories, both as an energy provider and a member of the community, we understand why customers and community members want assurances that they will continue to receive safe, reliable and high-quality energy at a fair price and that Avista will continue to be an active corporate citizen.

The short answer is that the proposed transaction is designed to help preserve -- and even enhance -- Avista's commitments to its customers and its communities. In a changing industry landscape, joining forces with Hydro One will help safeguard Avista's proud legacy and way of doing business...

Read the full op-ed in The Spokesman-Review
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