Committee Passage Notice for 6042 SB

Office of Financial Management

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SB 6042, titled AN ACT Relating to service contract providers, has been passed by the Senate Committee on Financial Institutions & Insurance. 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

   Service Contract Provider Annual Filing Fee

   Service Contract Provider Application and Registration Renewal Fees

Total

 

2018

2019

$    160

$   2,000

$   2,160

2020

320

3,600

$   3,920

2021

480

5,200

$   5,680

2022

640

6,800

$   7,440

2023

800

8,400

$   9,200

2024

960

10,000

$ 10,960

2025

1,120

11,600

$ 12,720

2026

1,280

13,200

$ 14,480

2027

1,440

14,800

$ 16,240

 

Total:

$ 7,200

$ 75,600

$ 82,800


The following legislators voted do pass:

Senator Phil Fortunato
Republican
Auburn
(360) 786-7660
phil.fortunato@leg.wa.gov

Senator Steve Hobbs
Democrat
Lake Stevens
(360) 786-7686
Steve.Hobbs@leg.wa.gov

Senator Jan Angel
Republican
Port Orchard
(360) 786-7650
Jan.Angel@leg.wa.gov

Senator Michael Baumgartner
Republican
Spokane
(360) 786-7610
Michael.Baumgartner@leg.wa.gov

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

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


The following legislators voted to refer the bill without recommendation:

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



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

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