Environmental handling charges

From the 2024 DOR Tax Exemption Study

82.04.660 - Environmental handling charges Description Environmental handling charges on the retail sale of mercury-containing lights are exempt from B&O taxes. Purpose To provide revenue for costs associated with the product stewardship program. Taxpayer ($ in millions): savings FY 2024 FY 2025 FY 2026 FY 2027 State Taxes Minimal Minimal Minimal Minimal Local Taxes $0.000 $0.000 $0.000 $0.000 Repeal of Repealing this exemption would increase revenues. exemption Potential ($ in millions): revenue gains FY 2024 FY 2025 FY 2026 FY 2027 from full repeal State Taxes $0.000 Minimal Minimal Minimal Local Taxes $0.000 $0.000 $0.000 $0.000 Assumptions - This repeal takes effect July 1, 2024, and impacts 11 months of collections in fiscal year 2025. - Sales of mercury-containing lights are decreasing 40% annually. Data Sources - Department of Revenue, Excise tax data - LightRecycle Washington, Annual reports 2015- 2020- Department of Ecology, Mercury-Containing Lights Product Stewardship Plan Additional Additional Information Information Category: Business Year Enacted: 2015 Primary Beneficiaries: Businesses selling mercury-containing light products Taxpayer Count: 2,800 Program Inconsisten