// Preferential Rate
Ocean marine insurance
Insurance Premiums Tax preferential rate · RCW 48.14.020(4) · enacted 1947
Details
- Citation
- RCW 48.14.020(4)
- Study reference
- E1278-1
- Tax type
- Insurance Premiums Tax
- Preference type
- Preferential Rate
- Category
- Business
- Year enacted
- 1947
- End date
- None scheduled
Fiscal impact (2024 study estimates)
- Revenue if repealed — local ($M)
- FY 2024: 0 · FY 2025: 0 · FY 2026: 0 · FY 2027: 0
- Revenue if repealed — state ($M)
- FY 2024: 0 · FY 2025: 2.92 · FY 2026: 3.41 · FY 2027: 3.66
- Taxpayer savings — local ($M)
- FY 2024: 0 · FY 2025: 0 · FY 2026: 0 · FY 2027: 0
- Taxpayer savings — state ($M)
- FY 2024: 2.97 · FY 2025: 3.18 · FY 2026: 3.41 · FY 2027: 3.66
CTI = confidential taxpayer information · D = unable to disclose
From the 2024 DOR Tax Exemption Study
82.38.180(2)(d) | Lost or destroyed fuel | Fuel Tax | Refund | Business | 1923 | | | 7.04 | 7.11 | 7.18 | 7.25 | 0 | 6.52 | 7.18 | 7.25 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 257 | E1253-1 | 82.38.180(1)(f) | Power pumping unit | Fuel Tax | Refund | Other | 2013 | | | 2.81 | 2.85 | 2.9 | 2.94 | 0 | 2.62 | 2.9 | 2.94 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 258 | E1255-1 | 82.38.180(2)(a) | Logging operations using federally owned roads | Fuel Tax | Refund | Other | 1998 | | | 1 | 1.01 | 1.03 | 1.04 | 0 | 0.93 | 1.03 | 1.04 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 259 | E1256-1 | 82.38.180(2)(b) | Special mobile equipment | Fuel Tax | Refund | Other | 1971 | | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 260 | E1257-1 | 82.38.180(2)(c) | Incidental use of public highway | Fuel Tax | Refund | Other | 1979 | | | 0.39 | 0.4 | 0.41 | 0.41 | 0 | 0.37 | 0.41 | 0.41 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 261 | E1258-1 | 82.42.020 | Fuel previously taxed | Fuel Tax | Exemption | Other | 1967 | | | I | I | I | I | 0 | I | I | I | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 262 | E1259-1 | 82.42.030(1,2) | Imported and exported fuel | Fuel Tax | Exemption | Other | 1967 | | | 54.86 | 53.21 | 51.42 | 49.81 | 0 | 48.78 |
Does this apply to you?
This is reference data from the 2024 study — not advice, and 2025–26 legislation may have changed it. Three ways to go deeper: