Notice of Complete Analysis for Engrossed Third Substitute House Bill 1324
Office of the Governor / Office of Financial Management sent this bulletin at 08/12/2019 01:50 PM PDT
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E3SHB 1324, titled AN ACT Relating to creating the Washington rural development and opportunity zone act,
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:
Fiscal B&O Surtax on Timber & Wood Products Fiscal Biennial
Year Year Total
Total
2020 0
2021 0
2022 0
2023 0
2024 0
2025 2,500,000 2,500,000 2,500,000
2026 7,300,000 7,300,000
2027 2,000,000 2,000,000 9,300,000
2028 8,000,000 8,000,000
2029 800,000 800,000 8,800,000
Total 20,600,000 20,600,000 20,600,000
Legislative Bill Information Website: http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp