Analysis Complete for Engrossed House Bill 1789

Office of Financial Management

Having trouble viewing this email? View it as a Web page.

Bookmark and Share

You 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.

Please note: This email message was sent from a notification-only address. Please do not reply to this message.

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

   Registration Filing Fee

   Registration Service Fee

   Title Filing Fee

   Trip Permit filing fees

Total

 

2020

$ 417,800

$ 9,029,000

$ 416,500

$ 15,000

$ 9,878,300

2021

504,100

9,946,300

455,000

15,000

$ 10,920,400

2022

511,000

10,043,300

455,700

15,000

$ 11,025,000

2023

517,500

10,147,800

458,300

15,000

$ 11,138,600

2024

522,900

10,239,300

461,300

15,000

$ 11,238,500

2025

528,700

10,335,700

464,100

15,000

$ 11,343,500

2026

534,900

10,434,500

466,400

15,000

$ 11,450,800

2027

541,200

10,532,700

468,500

15,000

$ 11,557,400

2028

547,700

10,634,000

470,800

15,000

$ 11,667,500

2029

554,100

10,736,700

473,200

15,000

$ 11,779,000

Total:

$ 5,179,900

$ 102,079,300

$ 4,589,800

$ 150,000

$111,999,000





No fiscal impact to the Washington State Patrol as the increase in fees are for services from the Department of Licensing, county auditors, and vehicle subagents.