Alumina and natural gas

From the 2024 DOR Tax Exemption Study

82.21.040(4) - Alumina and natural gas Description Any alumina or natural gas possession is exempt from the tax imposed on the privilege of possessing hazardous substances in Washington. Purpose To avoid taxation of alumina or natural gas. Taxpayer ($ in millions): savings FY 2024 FY 2025 FY 2026 FY 2027 State Taxes $0.000 $0.000 $0.000 $0.000 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 $0.000 $0.000 $0.000 Local Taxes $0.000 $0.000 $0.000 $0.000 Assumptions - Natural gas is not defined as a hazardous substance. If repealed, natural gas would not be taxable. - There is no aluminum smelter production in the state. We expect no aluminum smelter production during the forecasted period of this study. Data Sources - Recycling Today, March 17, 2023 Additional Additional Information Information Category: Business Year Enacted: 1989 Primary Beneficiaries: Washington users of natural gas and alumina Taxpayer Count: 0 Program Inconsistency: None evident JLARC Review: Expedited review completed in 2012 with an upcoming r