Enviornmental management of used batteries

From the 2024 DOR Tax Exemption Study

82.04.777 - Environmental management of used batteries Description Under the battery stewardship program, battery stewardship organizations must start collecting covered batteries and battery-containing products by July 1, 2027. Each battery producer pays a fee to a battery stewardship organization to support these activities. These fees are exempt from the B&O tax. Purpose To provide tax relief to battery stewardship organizations. Taxpayer ($ in millions): savings FY 2024 FY 2025 FY 2026 FY 2027 State Taxes $0.000 $0.000 $0.000 CTI 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 - This repeal takes effect July 1, 2024, before the exemption becomes effective, therefore no revenue impact. Data Sources - US Bureau of Economic Analysis, Personal Consumption Expenditures, 2021 - Call2Recyle, Data - Department of Ecology, Data Additional Additional Information Information Category: Business Year Enacted: 2023 Primary Beneficiaries: Battery produc