Notice of Public Hearing for House Bill 1062 - Update: 10 Year Analysis Completed

Office of Financial Management

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HB 1062, titled AN ACT Relating to the creation of a limited spirits retail license, has been scheduled for a public hearing by the House Committee on Commerce & Gaming.

Date and Time: 01/21/2021 1:30PM (Subject to change by the Legislature.)
Location: , Virtual, ,

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

   Limited Spirits Retailer License

   Spirits Distributor Mitigation Fee

   Spirits Retailer License Issuance Fee

Total

 

2022

$ 183,928

$ 522,510

$ 2,664,802

$ 3,371,240

2023

276,058

784,237

3,999,608

$ 5,059,903

2024

368,022

1,045,492

5,332,009

$ 6,745,523

2025

392,590

1,115,286

5,687,958

$ 7,195,834

2026

392,590

1,115,286

5,687,958

$ 7,195,834

2027

392,590

1,115,286

5,687,958

$ 7,195,834

2028

392,590

1,115,286

5,687,958

$ 7,195,834

2029

392,590

1,115,286

5,687,958

$ 7,195,834

2030

392,590

1,115,286

5,687,958

$ 7,195,834

2031

392,590

1,115,286

5,687,958

$ 7,195,834

Total:

$ 3,576,138

$ 10,159,241

$ 51,812,125

$65,547,504


Ten-year projection prepared in consultation with the following agencies:

Liquor and Cannabis Board


Bill sponsors and contact information:

Representative Steve Kirby, Prime Sponsor
Democrat
(360) 786-7996
Steve.Kirby@leg.wa.gov

Representative Brandon Vick
Republican
(360) 786-7850
brandon.vick@leg.wa.gov

Representative Chris Corry
Republican
(360) 786-7810
CORRY_CH@leg.wa.gov

Representative Cindy Ryu
Democrat
(360) 786-7880
cindy.ryu@leg.wa.gov


House Committee on Commerce & Gaming members and contact information:

Representative Kelly Chambers
Republican
(360) 786-7948
CHAMBERS_KE@leg.wa.gov

Representative Steve Kirby
Democrat
(360) 786-7996
Steve.Kirby@leg.wa.gov

Representative Shelley Kloba
Democrat
(360) 786-7900
Shelley.Kloba@leg.wa.gov

Representative Drew MacEwen
Republican
(360) 786-7902
drew.macewen@leg.wa.gov

Representative Melanie Morgan
Democrat
(360) 786-7906
MORGAN_ME@leg.wa.gov

Representative Eric Robertson
Republican
(360) 786-7866
Eric.Robertson@leg.wa.gov

Representative Brandon Vick
Republican
(360) 786-7850
brandon.vick@leg.wa.gov

Representative Emily Wicks
Democrat
(360) 786-7864
WICKS_EM@leg.wa.gov

Representative Sharon Wylie
Democrat
(360) 786-7924
Sharon.Wylie@leg.wa.gov



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

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