Notice of Public Hearing of Senate Bill 5452

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SB 5452, titled AN ACT Relating to modifying dates related to the application due date for health sciences and services authorities and their sales and use tax authority, has been scheduled for a public hearing by the Senate Committee on Ways & Means.

Date and Time: 01/31/2019 3:30PM (Subject to change by the Legislature.)
Location: J.A. Cherberg Building, Senate Hearing Rm 4, Olympia, WA

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:

Under current law, local authorities that have created a health sciences and services authority (HSSA) prior to January 1, 2010, may impose a state-shared sales and use tax to promote bioscience-based economic development and advance new therapies and procedures to combat disease and promote public health or to finance and retire indebtedness per RCW 35.104.070.  The tax is set to expire January 1, 2023.  

This legislation extends the HSSA creation date to prior to January 1, 2019 with applications due by December 31, 2019.

ASSUMPTIONS

- There is one HSSA in Spokane City.

- Only two authorities are allowed statewide and an authority may only be created in a county with a population of less than one million persons and located east of the crest of the Cascade mountains. 

- Yakima County recently created a health sciences and services authority.

- Applications are due by December 31, 2019 and must be processed within 60 days.  

- The Department of Revenue requires 30 days to implement a state-shared tax.

- Depending on the timing of the application and approval, the latest the state-shared tax would be imposed is April 1, 2020.  Assume three months of impact in Fiscal Year 2020.

DATA SOURCES

Department of Revenue data

REVENUE ESTIMATES 

TOTAL REVENUE IMPACT: 

      State Government (cash basis, $000):

           FY 2020 -      ($ 200)

           FY 2021 -      ($ 800)

           FY 2022 -      ($ 800)

           FY 2023 -      ($ 800)

           FY 2024 -      ($ 800)

           FY 2025 -      ($ 800)

      Local Government, if applicable (cash basis, $000): 

           FY 2020 -      $ 200

           FY 2021 -      $ 800

           FY 2022 -      $ 800

           FY 2023 -      $ 800

           FY 2024 -      $ 800

           FY 2025 -      $ 800

Bill sponsors and contact information:

Senator Curtis King, Prime Sponsor
Republican
(360) 786-7626
Curtis.King@leg.wa.gov

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


Senate Committee on Ways & Means members and contact information:

Senator Barbara Bailey
Republican
(360) 786-7618
Barbara.Bailey@leg.wa.gov

Senator Randi Becker
Republican
(360) 786-7602
Randi.Becker@leg.wa.gov

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

Senator John Braun
Republican
(360) 786-7638
John.Braun@leg.wa.gov

Senator Sharon Brown
Republican
(360) 786-7614
Sharon.Brown@leg.wa.gov

Senator Reuven Carlyle
Democrat
(360) 786-7670
Reuven.Carlyle@leg.wa.gov

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

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

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

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

Senator Jim Honeyford
Republican
(360) 786-7684
Jim.Honeyford@leg.wa.gov

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

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

Senator Marko Liias
Democrat
(360) 786-7640
Marko.Liias@leg.wa.gov

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

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

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

Senator Ann Rivers
Republican
(360) 786-7634
Ann.Rivers@leg.wa.gov

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

Senator Mark Schoesler
Republican
(360) 786-7620
Mark.Schoesler@leg.wa.gov

Senator Kevin Van De Wege
Democrat
(360) 786-7646
Kevin.VanDeWege@leg.wa.gov

Senator Keith Wagoner
Republican
(360) 786-7676
Keith.Wagoner@leg.wa.gov

Senator Judy Warnick
Republican
(360) 786-7624
Judith.Warnick@leg.wa.gov

Senator Lynda Wilson
Republican
(360) 786-7632
Lynda.Wilson@leg.wa.gov



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

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