Concerning tax incentives for farmers.

HB 1019 creates a 25% tax credit for Washington farmers purchasing eligible items like new equipment, seeds, and conservation infrastructure. To qualify, farmers must participate in a state conservation program or receive conservation grant funds from the Washington State Conservation Commission. The credit, which cannot exceed annual tax liability, can be carried forward for up to two years if unused. The tax incentive expires on January 1, 2036, and applies only to farmers meeting specific conservation program participation criteria.