Tuna, mackerel & jack

From the 2024 DOR Tax Exemption Study

82.27.010(1) - Tuna, mackerel, and jack Description Tuna, mackerel, and jack fish are exempt from the enhanced food fish tax. Purpose The enhanced food fish tax helps support the continued production of fish species through state hatchery programs. State hatchery programs do not support the production of tuna, mackerel, and jack fish, so they are exempt from the tax. Taxpayer ($ in millions): savings FY 2024 FY 2025 FY 2026 FY 2027 State Taxes $0.353 $0.353 $0.353 $0.353 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 $0.324 $0.353 $0.353 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. - Mackerel and jack landings in Washington are minimal to none. - There is no forecasted revenue growth due to the volatile nature of enhanced food fish tax collections. Data Sources - National Oceanic and Atmospheric Administration, Landing data - Washington Department of Fish & Wildlife, Landing data Additional Additional Informa