Analysis Complete for Engrossed House Bill 1789
Office of the Governor / Office of Financial Management sent this bulletin at 05/09/2019 03:27 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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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 |
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.