Notice of Committee Passage of Senate Bill 5858

Office of Financial Management

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SB 5858, titled AN ACT Relating to funding and uses of the military department active state service account, has been passed by the Senate Committee on Financial Institutions, Economic Development & Trade. 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

   Insurance Premium Tax

 

2020

$ 248,661

2021

497,323

2022

497,323

2023

497,323

2024

497,323

2025

497,323

2026

497,323

2027

497,323

2028

497,323

2029

497,323

 

Total:

$ 4,724,568




The following legislators voted do pass:

Senator Doug Ericksen
Republican
(360) 786-7682
Doug.Ericksen@leg.wa.gov

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

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

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

Senator Mona Das
Democrat
(360) 786-7692
DAS_MO@leg.wa.gov


The following legislators voted to refer the bill without recommendation:

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


The following legislators voted do not pass:

Senator Bob Hasegawa
Democrat
(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