Notice of Committee Passage of Engrossed Second Substitute House Bill 1110
Office of the Governor / Office of Financial Management sent this bulletin at 03/22/2019 02:25 PM PDTYou 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.
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E2SHB 1110, titled AN ACT Relating to reducing the greenhouse gas emissions associated with transportation fuels, has been passed by the Senate Committee on Environment, Energy & Technology. 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 |
Clean Fuels Program Fee |
|
|
||
2020 |
$ |
|
2021 |
||
2022 |
356,129 |
|
2023 |
778,816 |
|
2024 |
639,159 |
|
2025 |
705,741 |
|
2026 |
639,159 |
|
2027 |
705,741 |
|
2028 |
639,159 |
|
2029 |
705,741 |
|
|
||
Total: |
$ 5,169,645 |
ASSUMPTIONS
- The Department of Revenue will not be administering the Clean Fuels program.
- Credits will be sold and traded on established markets. It is unclear if these types of transactions would result in a business and occupation (B&O) taxable event that would be taxed at the service and other activities rate.
- There is no information available on the amount of buying, selling, or trading of credits that may happen; therefore, the revenue impact to the state general fund from any B&O taxes collected from this activity is indeterminate.
The department does not set, administer or collect the tax or fee contained in this bill.
The following legislators voted do pass:
Senator John McCoy
Democrat
(360) 786-7674
John.McCoy@leg.wa.gov
Senator Marko Liias
Democrat
(360) 786-7640
Marko.Liias@leg.wa.gov
Senator Reuven Carlyle
Democrat
(360) 786-7670
Reuven.Carlyle@leg.wa.gov
Senator Andy Billig
Democrat
(360) 786-7604
Andy.Billig@leg.wa.gov
Senator Lisa Wellman
Democrat
(360) 786-7641
Lisa.Wellman@leg.wa.gov
Senator Guy Palumbo
Democrat
(360) 786-7600
Guy.Palumbo@leg.wa.gov
Senator Mona Das
Democrat
(360) 786-7692
DAS_MO@leg.wa.gov
Senator Joe Nguyen
Democrat
(360) 786-7667
NGUYEN_JO@leg.wa.gov
The following legislators voted to refer the bill without recommendation:
Senator Tim Sheldon
Democrat
(360) 786-7668
Timothy.Sheldon@leg.wa.gov
The following legislators voted do not pass:
Senator Phil Fortunato
Republican
(360) 786-7660
phil.fortunato@leg.wa.gov
Senator Shelly Short
Republican
(360) 786-7612
Shelly.Short@leg.wa.gov
Senator Sharon Brown
Republican
(360) 786-7614
Sharon.Brown@leg.wa.gov
Not voting:
Senator Brad Hawkins
Republican
(360) 786-7622
Brad.Hawkins@leg.wa.gov
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 Ann Rivers
Republican
(360) 786-7634
Ann.Rivers@leg.wa.gov
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp