Analysis Complete for Substitute House Bill 1514
Office of the Governor / Office of Financial Management sent this bulletin at 05/13/2019 12:19 PM PDT
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SHB 1514, titled AN ACT Relating to establishing wage liens, 10 year analysis complete.
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 |
DOL Wage Lien Account |
|
|
|
||
|
2020 |
$ 114,200 |
|
|
2021 |
119,900 |
|
|
2022 |
125,900 |
|
|
2023 |
125,900 |
|
|
2024 |
125,900 |
|
|
2025 |
125,900 |
|
|
2026 |
125,900 |
|
|
2027 |
125,900 |
|
|
2028 |
125,900 |
|
|
2029 |
125,900 |
|
|
|
||
|
Total: |
$ 1,241,300 |
|
None. This bill does not require the department to accept assignment and file wage liens on behalf of wage claimants, or to initiate foreclosure actions on those wage liens. Therefore, there is no impact.