Notice of Committee Passage of Senate Bill 5447

Office of Financial Management

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SB 5447, titled AN ACT Relating to extending the dairy milk assessment fee to June 30, 2025, has been passed by the Senate Committee on Agriculture, Water, Natural Resources & Parks. 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

   Milk Assessment

 

2020

$0

2021

297,000

2022

297,000

2023

297,000

2024

297,000

2025

297,000

2026

0

2027

0

2028

0

2029

0

 

Total:

$ 1,485,000





Under current law an assessment is levied on all milk processed in the state not to exceed fifty-four one-hundredths of one cent per hundredweight. WSDA collects approximately $297,000 each year from this assessment. The assessment is set to expire June 30, 2020.

 

Senate Bill 5447 would extend the assessment for five more years, to June 30, 2025. We assume the amount of cash receipts will continue at the current level.

 



The following legislators voted do pass:

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

Senator John McCoy
Democrat
(360) 786-7674
John.McCoy@leg.wa.gov

Senator Shelly Short
Republican
(360) 786-7612
Shelly.Short@leg.wa.gov

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

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

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

Senator Jesse Salomon
Democrat
(360) 786-7662
SALOMON_JE@leg.wa.gov



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

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