Notice of Public Hearing for Engrossed Substitute Senate Bill 6492

Office of Financial Management

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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
Year

   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