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JLARC: Aluminum tax preferences now unused after smelter closures; auditors recommend expiry

2112198 · January 14, 2025
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Summary

JLARC reported that tax preferences created to benefit aluminum smelters have not been used since 2021 because all Washington smelters have closed; auditors recommended allowing expiring preferences to lapse and terminating others unlikely to be used again.

JLARC told the House Finance Committee on Jan. 14 that eight tax preferences aimed at Washington’s aluminum industry are no longer being used and several should be allowed to expire or be terminated because all aluminum smelters in the state have closed.

Pierce Van Moorsil…

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