Notice of Committee Passage of House Bill 2157
Office of the Governor / Office of Financial Management sent this bulletin at 04/23/2019 03:16 PM PDT
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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 2157, titled AN ACT Relating to updating the Washington tax structure to address the needs of Washingtonians, has been passed by the House Committee on Finance. 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 |
B&O Tax |
Property Tax |
Retail Sales Tax |
Total |
|
|
|
|||||
|
2020 |
$ 4,717,000 |
$ -6,900,000 |
$ 27,159,000 |
$ 24,976,000 |
|
|
2021 |
5,416,000 |
-13,300,000 |
31,041,000 |
$ 23,157,000 |
|
|
2022 |
5,726,000 |
-13,600,000 |
31,798,000 |
$ 23,924,000 |
|
|
2023 |
5,935,000 |
-13,700,000 |
32,578,000 |
$ 24,813,000 |
|
|
2024 |
6,044,000 |
-13,800,000 |
33,572,000 |
$ 25,816,000 |
|
|
2025 |
6,253,000 |
-13,900,000 |
34,642,000 |
$ 26,995,000 |
|
|
2026 |
6,463,000 |
-14,000,000 |
35,781,000 |
$ 28,244,000 |
|
|
2027 |
6,673,000 |
-14,000,000 |
36,987,000 |
$ 29,660,000 |
|
|
2028 |
6,883,000 |
-14,000,000 |
38,270,000 |
$ 31,153,000 |
|
|
2029 |
6,998,000 |
-14,000,000 |
35,192,000 |
$ 28,190,000 |
|
|
Total: |
$ 61,108,000 |
$ -131,200,000 |
$ 337,020,000 |
$ 266,928,000 |
|
The Office of Financial Management receives no cash receipts for the requirements of this bill.
The following legislators voted do pass:
Representative Jeff Morris
Democrat
(360) 786-7970
Jeff.Morris@leg.wa.gov
Representative Larry Springer
Democrat
(360) 786-7822
Larry.Springer@leg.wa.gov
Representative Tina Orwall
Democrat
(360) 786-7834
Tina.Orwall@leg.wa.gov
Representative Sharon Wylie
Democrat
(360) 786-7924
Sharon.Wylie@leg.wa.gov
Representative Gael Tarleton
Democrat
(360) 786-7860
Gael.Tarleton@leg.wa.gov
Representative Noel Frame
Democrat
(360) 786-7814
Noel.Frame@leg.wa.gov
Representative Mike Chapman
Democrat
(360) 786-7916
Mike.Chapman@leg.wa.gov
Representative Nicole Macri
Democrat
(360) 786-7826
Nicole.Macri@leg.wa.gov
Representative Amy Walen
Democrat
(360) 786-7848
WALEN_AM@leg.wa.gov
The following legislators voted do not pass:
Representative Ed Orcutt
Republican
(360) 786-7990
Ed.Orcutt@leg.wa.gov
Representative Brandon Vick
Republican
(360) 786-7850
Brandon.Vick@leg.wa.gov
Representative Jesse Young
Republican
(360) 786-7964
Jesse.Young@leg.wa.gov
Representative Drew Stokesbary
Republican
(360) 786-7846
Drew.Stokesbary@leg.wa.gov
Not voting:
Representative Gerry Pollet
Democrat
(360) 786-7886
Gerry.Pollet@leg.wa.gov
Representative Laurie Dolan
Democrat
(360) 786-7940
Laurie.Dolan@leg.wa.gov
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp