Notice of Introduction for Senate Bill 5050
Office of the Governor / Office of Financial Management sent this bulletin at 02/17/2021 10:06 PM PST
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SB 5050, titled AN ACT Relating to real estate firms and brokers, 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 |
Real Estate Application & License Renewal Fees |
|
|
|
||
|
2022 |
$ 55,000 |
|
|
2023 |
664,000 |
|
|
2024 |
664,000 |
|
|
2025 |
664,000 |
|
|
2026 |
664,000 |
|
|
2027 |
664,000 |
|
|
2028 |
664,000 |
|
|
2029 |
664,000 |
|
|
2030 |
664,000 |
|
|
2031 |
664,000 |
|
|
|
||
|
Total: |
$ 6,031,000 |
|
Ten-year projection prepared in consultation with the following agencies:
Department of Licensing
Bill sponsors and contact information:
Senator Bob Hasegawa, Prime Sponsor
Democrat
(360) 786-7616
bob.hasegawa@leg.wa.gov
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp