Notice of Committee Passage of House Bill 1429
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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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HB 1429, 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 |
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.
House Bill 1429 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