Notice of Committee Passage for Senate Bill 5085

Office of Financial Management

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SB 5085, titled AN ACT Relating to modifying certain alternative fuel vehicles fees, has been passed by the Senate Committee on Transportation. 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

   Electric Motorcycle $100

   Electric Motorcycle $30

   Electric Motorcycle $50

   Transportation Electrification $75

Total

 

2022

$ -14,400

$ 4,300

$ -7,200

$ -8,397,900

$ -8,415,200

2023

-23,900

7,200

-11,900

-13,524,800

$ 13,553,400

2024

-26,300

7,900

-13,100

-14,934,200

$ 14,965,700

2025

-28,900

8,700

-14,400

-16,395,700

$ 16,430,300

2026

-31,700

9,500

-15,900

-17,915,200

$ 17,953,300

2027

-35,000

10,500

-17,500

-19,454,000

$ 19,496,000

2028

-38,400

11,500

-19,200

-20,892,900

$ 20,939,000

2029

-42,300

12,700

-21,100

-22,260,500

$ 22,311,200

2030

-46,600

14,000

-23,300

-23,601,900

$ 23,657,800

2031

-51,200

15,400

-25,600

-24,972,500

$ 25,033,900

 

Total:

$ -338,700

$ 101,700

$ -169,200

$ -182,349,600

$ -182,755,800


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

Department of Licensing

The following legislators voted do pass:

Senator Mike Padden
Republican
(360) 786-7606
Mike.Padden@leg.wa.gov

Senator Tim Sheldon
Democrat
(360) 786-7668
Timothy.Sheldon@leg.wa.gov

Senator Brad Hawkins
Republican
(360) 786-7622
brad.hawkins@leg.wa.gov

Senator Phil Fortunato
Republican
(360) 786-7660
phil.fortunato@leg.wa.gov

Senator Steve Hobbs
Democrat
(360) 786-7686
steve.hobbs@leg.wa.gov

Senator Curtis King
Republican
(360) 786-7626
Curtis.King@leg.wa.gov

Senator Annette Cleveland
Democrat
(360) 786-7696
Annette.Cleveland@leg.wa.gov

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

Senator Mona Das
Democrat
(360) 786-7692
DAS_MO@leg.wa.gov

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

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

Senator Emily Randall
Democrat
(360) 786-7650
RANDALL_EM@leg.wa.gov

Senator Liz Lovelett
Democrat
(360) 786-7678
Liz.Lovelett@leg.wa.gov

Senator T'wina Nobles
Democrat
(360) 786-7654
T'wina.Nobles@leg.wa.gov

Senator Jeff Wilson
Republican
(360) 786-7636
Jeff.Wilson@leg.wa.gov



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

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