Notice of Public Hearing for Senate Bill 5365 - Update: 10 Year Analysis Completed
Office of the Governor / Office of Financial Management sent this bulletin at 02/09/2021 12:28 PM PST
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SB 5365, titled AN ACT Relating to establishing a Washington state cannabis commission, has been scheduled for a public hearing by the Senate Committee on Labor & Commerce.
Date and Time: 02/01/2021 9:30AM (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 |
B&O Tax |
|
|
|
||
|
2022 |
$ 1,500,000 |
|
|
2023 |
2,400,000 |
|
|
2024 |
2,700,000 |
|
|
2025 |
2,900,000 |
|
|
2026 |
3,200,000 |
|
|
2027 |
3,500,000 |
|
|
2028 |
3,900,000 |
|
|
2029 |
4,300,000 |
|
|
2030 |
4,700,000 |
|
|
2031 |
5,200,000 |
|
|
|
||
|
Total: |
$ 34,300,000 |
|
Ten-year projection prepared in consultation with the following agencies:
Department of Revenue
Bill sponsors and contact information:
Senator Derek Stanford, Prime Sponsor
Democrat
(360) 786-7600
Derek.Stanford@leg.wa.gov
Senator Steve Conway
Democrat
(360) 786-7656
steve.conway@leg.wa.gov
Senator Mona Das
Democrat
(360) 786-7692
DAS_MO@leg.wa.gov
Senator Karen Keiser
Democrat
(360) 786-7664
Karen.Keiser@leg.wa.gov
Senator Joe Nguyen
Democrat
(360) 786-7667
NGUYEN_JO@leg.wa.gov
Senate Committee on Labor & Commerce members and contact information:
Senator John Braun
Republican
(360) 786-7638
john.braun@leg.wa.gov
Senator Steve Conway
Democrat
(360) 786-7656
steve.conway@leg.wa.gov
Senator Jim Honeyford
Republican
(360) 786-7684
Jim.Honeyford@leg.wa.gov
Senator Karen Keiser
Democrat
(360) 786-7664
Karen.Keiser@leg.wa.gov
Senator Curtis King
Republican
(360) 786-7626
Curtis.King@leg.wa.gov
Senator June Robinson
Democrat
(360) 786-7674
june.robinson@leg.wa.gov
Senator Rebecca Saldaña
Democrat
(360) 786-7688
rebecca.saldana@leg.wa.gov
Senator Mark Schoesler
Republican
(360) 786-7620
mark.schoesler@leg.wa.gov
Senator Derek Stanford
Democrat
(360) 786-7600
Derek.Stanford@leg.wa.gov
Senator Maureen Walsh
Republican
(360) 786-7630
Maureen.Walsh@leg.wa.gov
Senator Lisa Wellman
Democrat
(360) 786-7641
Lisa.Wellman@leg.wa.gov
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp