Senate Introduction Notice for 6609 SB
Office of the Governor / Office of Financial Management sent this bulletin at 02/15/2018 01:58 PM PST
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SB 6609, titled AN ACT Relating to revenue, 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 |
Carbonated Beverage Tax |
Estate Tax |
Real Estate Excise Tax |
Retail Sales Tax |
Total |
|
|
|
||||||
|
2018 |
||||||
|
2019 |
$ 23,061,000 |
$ 74,400,000 |
$ 202,522,000 |
$ 160,168,000 |
$ 460,151,000 |
|
|
2020 |
34,136,000 |
151,100,000 |
219,092,000 |
187,032,000 |
$ 591,360,000 |
|
|
2021 |
33,687,000 |
153,800,000 |
227,914,000 |
191,639,000 |
$ 607,040,000 |
|
|
2022 |
33,243,000 |
156,500,000 |
231,553,000 |
196,218,000 |
$ 617,514,000 |
|
|
2023 |
32,804,000 |
159,300,000 |
235,250,000 |
200,960,000 |
$ 628,314,000 |
|
|
2024 |
32,342,000 |
162,231,000 |
239,006,000 |
205,912,000 |
$ 639,491,000 |
|
|
2025 |
31,887,000 |
165,217,000 |
242,822,000 |
211,125,000 |
$ 651,051,000 |
|
|
2026 |
31,439,000 |
168,274,000 |
246,699,000 |
216,508,000 |
$ 662,920,000 |
|
|
2027 |
30,996,000 |
171,403,000 |
250,638,000 |
222,249,000 |
$ 675,286,000 |
|
|
|
||||||
|
Total: |
$ 283,595,000 |
$ 1,362,225,000 |
$ 2,095,496,000 |
$ 1,791,811,000 |
$ 5,533,127,000 |
|
Bill sponsors and contact information:
Senator Kevin Ranker, Prime Sponsor
Democrat
Deer Harbor
(360) 786-7678
Kevin.Ranker@leg.wa.gov
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp