Senate Introduction Notice for 6029 SB

Office of Financial Management

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SB 6029, titled AN ACT Relating to establishing a student loan bill of rights, has been introduced in the Senate. The Office of Financial Management has identified this bill as requiring a ten-year projection of increased cost to the taxpayers or affected fee payers.

Ten-year projection:

Fiscal
Year

   Student Loan Servicer Application License Fee

   Student Loan Servicer Assessment Fee

   Student Loan Servicer Examination Fee

   Student Loan Servicer License Amendment Fee

Total

 

2018

2019

$ 32,600

$   1,375

$      33,975

2020

$    700,000

$   54,000

1,375

$    755,375

2021

700,000

108,000

1,375

$    809,375

2022

700,000

108,000

1,375

$    809,375

2023

700,000

108,000

1,375

   $    809,375

2024

700,000

108,000

1,375

$    809,375

2025

700,000

108,000

1,375

$    809,375

2026

700,000

108,000

1,375

$    809,375

2027

700,000

108,000

1,375

$    809,375

 

Total:

$ 32,600

$ 5,600,000

$ 810,000

$ 12,375

$ 6,454,975


Bill sponsors and contact information:

Senator Marko Liias, Prime Sponsor
Democrat
Lynwood
(360) 786-7640
Marko.Liias@leg.wa.gov

Senator Kevin Ranker
Democrat
Deer Harbor
(360) 786-7678
Kevin.Ranker@leg.wa.gov

Senator Joe Fain
Republican
Auburn
(360) 786-7692
Joe.Fain@leg.wa.gov

Senator David Frockt
Democrat
Seattle
(360) 786-7690
David.Frockt@leg.wa.gov

Senator Andy Billig
Democrat
Spokane
(360) 786-7604
Andy.Billig@leg.wa.gov

Senator Jeannie Darneille
Democrat
Tacoma
(360) 786-7652
Jeannie.Darneille@leg.wa.gov

Senator Guy Palumbo
Democrat
Snohomish
(360) 786-7600
Guy.Palumbo@leg.wa.gov

Senator Christine Rolfes
Democrat
Bainbridge Island
(360) 786-7644
Christine.Rolfes@leg.wa.gov

Senator Karen Keiser
Democrat
Des Moines
(360) 786-7664
Karen.Keiser@leg.wa.gov

Senator Annette Cleveland
Democrat
Vancouver
(360) 786-7696
Annette.Cleveland@leg.wa.gov

Senator Jamie Pedersen
Democrat
Seattle
(360) 786-7628
Jamie.Pedersen@leg.wa.gov

Senator Sam Hunt
Democrat
Olympia
(360) 786-7642
Sam.Hunt@leg.wa.gov

Senator Lisa Wellman
Democrat
Mercer Island
(360) 786-7641
Lisa.Wellman@leg.wa.gov

Senator Steve Conway
Democrat
Tacoma
(360) 786-7656
Steve.Conway@leg.wa.gov

Senator Maralyn Chase
Democrat
Edmonds
(360) 786-7662
Maralyn.Chase@leg.wa.gov

Senator Rebecca Saldaña
Democrat
Seattle
(360) 786-7688
Rebecca.Saldana@leg.wa.gov

Senator Patty Kuderer
Democrat
Bellevue
(360) 786-7694
Kuderer.Patty@leg.wa.gov

Senator Bob Hasegawa
Democrat
Seattle
(360) 786-7616
Bob.Hasegawa@leg.wa.gov

Senator Mark Mullet
Democrat
Issaquah
(360) 786-7608
Mark.Mullet@leg.wa.gov




Legislative Bill Information Website: http://apps.leg.wa.gov/billinfo/

Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp