Notice of Introduction for Senate Bill 5279 - Update: 10 Year Analysis Completed

Office of Financial Management

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SB 5279, titled AN ACT Relating to an additional revenue source for eviction prevention and housing stability services, has been introduced in 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
Year

   Document Recording Fee

 

2022

$ 146,000,000

2023

146,000,000

2024

146,000,000

2025

146,000,000

2026

146,000,000

2027

146,000,000

2028

146,000,000

2029

146,000,000

2030

146,000,000

2031

146,000,000

 

Total:

$ 1,460,000,000


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

Department of Commerce


Bill sponsors and contact information:

Senator June Robinson, Prime Sponsor
Democrat
(360) 786-7674
june.robinson@leg.wa.gov

Senator Patty Kuderer
Democrat
(360) 786-7694
patty.kuderer@leg.wa.gov

Senator Joe Nguyen
Democrat
(360) 786-7667
NGUYEN_JO@leg.wa.gov

Senator Rebecca Saldaña
Democrat
(360) 786-7688
rebecca.saldana@leg.wa.gov

Senator Derek Stanford
Democrat
(360) 786-7600
Derek.Stanford@leg.wa.gov

Senator Claire Wilson
Democrat
(360) 786-7658
WILSON_CL@leg.wa.gov




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

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