Notice of Public Hearing for Engrossed Substitute Senate Bill 6492
Office of the Governor / Office of Financial Management sent this bulletin at 02/03/2020 08:21 AM PSTYou 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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ESSB 6492, titled AN ACT Relating to addressing workforce education investment funding through business and occupation tax reform, has been scheduled for a public hearing by the House Committee on Finance.
Date and Time: 02/03/2020 11:00AM (Subject to change by the Legislature.)
Location: John L. O'Brien Building, House Hearing Rm A, Olympia, WA
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 Tax |
|
|
||
2020 |
$ -68,000,000 |
|
2021 |
38,400,000 |
|
2022 |
115,300,000 |
|
2023 |
119,000,000 |
|
2024 |
117,800,000 |
|
2025 |
98,200,000 |
|
2026 |
101,000,000 |
|
2027 |
104,000,000 |
|
2028 |
107,100,000 |
|
2029 |
110,100,000 |
|
|
||
Total: |
$ 842,900,000 |
Ten-year projection prepared in consultation with the following agencies:
Department of Revenue
This engrossed bill is proposed by the Senate.
The substitute bill was proposed by:
Senate Committee on Ways & Means
(360) 786-7715
The original bill sponsors and contact information are:
Senator Jamie Pedersen, Prime Sponsor
Democrat
(360) 786-7628
Jamie.Pedersen@leg.wa.gov
Senator Christine Rolfes
Democrat
(360) 786-7644
Christine.Rolfes@leg.wa.gov
Senator Claire Wilson
Democrat
(360) 786-7658
WILSON_CL@leg.wa.gov
House Committee on Finance members and contact information:
Representative Mike Chapman
Democrat
(360) 786-7916
Mike.Chapman@leg.wa.gov
Representative Noel Frame
Democrat
(360) 786-7814
Noel.Frame@leg.wa.gov
Representative Nicole Macri
Democrat
(360) 786-7826
Nicole.Macri@leg.wa.gov
Representative Ed Orcutt
Republican
(360) 786-7990
Ed.Orcutt@leg.wa.gov
Representative Tina Orwall
Democrat
(360) 786-7834
Tina.Orwall@leg.wa.gov
Representative Larry Springer
Democrat
(360) 786-7822
Larry.Springer@leg.wa.gov
Representative Drew Stokesbary
Republican
(360) 786-7846
Drew.Stokesbary@leg.wa.gov
Representative Gael Tarleton
Democrat
(360) 786-7860
Gael.Tarleton@leg.wa.gov
Representative Brandon Vick
Republican
(360) 786-7850
Brandon.Vick@leg.wa.gov
Representative Amy Walen
Democrat
(360) 786-7848
WALEN_AM@leg.wa.gov
Representative Sharon Wylie
Democrat
(360) 786-7924
Sharon.Wylie@leg.wa.gov
Representative Jesse Young
Republican
(360) 786-7964
Jesse.Young@leg.wa.gov
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp