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JLARC: Aluminum smelter preferences obsolete after smelter closures; recommends allowing expirations

2112206 · January 14, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

JLARC reported that preferences supporting aluminum smelters have not been used since 2021 because all state smelters have closed; the auditor recommended allowing the smelter-specific preferences to expire and terminating related preferences unlikely to be used again.

JLARC told the House Finance Committee that eight tax preferences intended to benefit Washington’s aluminum industry are no longer being used because all in-state aluminum smelters have closed, and the legislative auditor recommended letting smelter-specific preferences expire.

Van Moorsil said four of the preferences that directly…

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