Notice of Senate Passage for Substitute Senate Bill 6632
Office of the Governor / Office of Financial Management sent this bulletin at 02/19/2020 08:02 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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SSB 6632, titled AN ACT Relating to providing additional funding for the business licensing service program administered by the department of revenue, has been passed by the Senate. 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 |
business license application handling fee |
|
|
||
2020 |
$ |
|
2021 |
6,494,000 |
|
2022 |
6,547,000 |
|
2023 |
6,614,000 |
|
2024 |
3,849,000 |
|
2025 |
1,027,000 |
|
2026 |
3,403,000 |
|
2027 |
3,173,000 |
|
2028 |
3,207,000 |
|
2029 |
3,511,000 |
|
|
||
Total: |
$ 37,825,000 |
Ten-year projection prepared in consultation with the following agencies:
Vote Information is currently not available...
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp