The Washington Governor signed a law modifying certain tax laws related to solar energy, solar manufacturing, and data centers. The key changes include: 1) extending preferential tax rates for manufacturers and wholesalers of solar energy materials; 2) expanding eligibility criteria for tax exemptions on server equipment and power infrastructure; and 3) adding sustainability requirements for new data centers starting in 2025. [S.B. 5431, enacted 05/20/25]
This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.
Learn more about Bloomberg Tax or Log In to keep reading:
See Breaking News in Context
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools and resources.