Agricultural crop protection products

From the 2024 DOR Tax Exemption Study

82.21.040(5) - Agricultural crop protection products Description Pesticide products solely used by farmers or certified applicators as an agricultural crop protection product warehoused in or transported to or from Washington are exempt from the hazardous substance tax provided the possessor of the pesticide products does not otherwise use, manufacture, package for sale, or sell the products in Washington. This exemption expires on January 1, 2026. Purpose To incentivize the storage of certain agricultural crop protection products in Washington, where the products are used outside the state. Taxpayer ($ in millions): savings FY 2024 FY 2025 FY 2026 FY 2027 State Taxes $0.139 $0.139 $0.081 $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 $0.127 $0.081 $0.000 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. - Growth rate for agricultural crop protection products revenue mirrors Statista’s U.S. pesticide and ot