House Introduction Notice for 2989 HB

Office of Financial Management

Having trouble viewing this email? View it as a Web page.

Bookmark and Share

You are receiving this email as a subscriber to the Initiative 960 email list. RCW 43.135.031 (I-960) requires that notices be sent each time a bill that raises taxes or fees is: introduced in either house; scheduled for a public hearing; approved by any legislative committee; or passed by either house of the Legislature.

Please note: This email message was sent from a notification-only address. Please do not reply to this message.

HB 2989, titled AN ACT Relating to funding the business license account created in RCW 19.02.210 through a charge imposed by the secretary of state on annual report filings by certain legal entities, has been introduced in the House of Representatives. 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

   Business Licensing Services

Annual Report Fee

 

2018

2019

$   4,899,994

2020

5,095,994

2021

5,299,834

2022

5,511,827

2023

5,732,300

2024

5,961,592

2025

6,200,056

2026

6,448,058

2027

6,705,980

 

Total:

$ 51,855,635



Bill sponsors and contact information:

Representative Kristine Lytton, Prime Sponsor
Democrat
Anacortes
(360) 786-7800
Kristine.Lytton@leg.wa.gov

Representative Terry Nealey
Republican
Dayton
(360) 786-7828
Terry.Nealey@leg.wa.gov




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

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