Hanford lease fees

From the 2024 DOR Tax Exemption Study

82.29A.020(2)(b) - Hanford lease fees Description For purposes of determining leasehold tax, any Hanford reservation lands subleased to a private or public entity by the Department of Ecology, the term "taxable rent" includes only the annual cash rental payment and does not include fees, assessments, or other charges. Purpose To reduce the cost of such leases. Taxpayer ($ in millions): savings FY 2024 FY 2025 FY 2026 FY 2027 State Taxes CTI CTI CTI CTI Local Taxes CTI CTI CTI CTI 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 CTI CTI CTI Local Taxes $0.000 CTI CTI CTI Assumptions This exemption impacts fewer than three taxpayers; any impacts are confidential. Data Sources Department of Health, Waste disposal data Additional Additional Information Information Category: Business Year Enacted: 1991 Primary Beneficiaries: Companies providing radioactive waste cleanup at Hanford Taxpayer Count: Fewer than three Program Inconsistency: None evident JLARC Review: Expedited review completed in 2013 with an upcoming review in 2026 2024 Tax Exemption Study Page 3