Analysis Complete for Engrossed Second Substitute House Bill 1087

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E2SHB 1087, titled AN ACT Relating to long-term services and supports, 10 year analysis is 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:

Cash receipt assumptions would be based on variables for which the data is unavailable to the state.  Variables include: the number of self-employed persons who will elect coverage; the number of individuals exempted from Unemployment Insurance who are not exempted from the premium; and the number of individuals who have long-term care insurance and may be exempted from the premium. Since cash receipts cannot be determined, the ten year analysis is "indeterminate.”


Legislative Bill Information Website: http://apps.leg.wa.gov/billinfo/

Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp