House approves fishing fleet bill

SHB 1154, (Tarleton) reduces the business and occupation (B&O) tax rate for boat manufacturers to 0.2904, aiding efforts to rebuild the North Pacific Fishing Fleet. The bill was introduced last session but didn’t make it to the House floor for a vote. House lawmakers passed it by a 97-1 vote February 8. The bill has now been referred to the Senate  Agriculture, Water, Natural Resources & Parks Committee; no public hearing has yet been scheduled.

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