Notice of Committee Passage for Substitute Senate Bill 5034

Office of Financial Management

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SSB 5034, titled AN ACT Relating to nonprofit corporations, has been passed by the House Committee on Civil Rights & Judiciary. 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

   Charitable Asset Protection Fee

 

2022

$ 986,660

2023

1,029,580

2024

1,074,800

2025

1,122,500

2026

1,172,830

2027

1,225,880

2028

1,281,870

2029

1,340,970

2030

1,403,360

2031

1,469,180

 

Total:

$ 12,107,630


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

Office of the Secretary of State

The following legislators voted do pass:

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

Representative Debra Entenman
Democrat
(253) 330-5504
ENTENMAN_DE@leg.wa.gov

Representative Roger Goodman
Democrat
(360) 786-7878
roger.goodman@leg.wa.gov

Representative Tina Orwall
Democrat
(253) 656-5265
tina.orwall@leg.wa.gov

Representative Brad Klippert
Republican
(360) 786-7882
brad.klippert@leg.wa.gov

Representative Drew Hansen
Democrat
(206) 333-2975
drew.hansen@leg.wa.gov

Representative Strom Peterson
Democrat
(564) 888-2336
strom.peterson@leg.wa.gov

Representative Jim Walsh
Republican
(360) 485-0547
jim.walsh@leg.wa.gov

Representative Javier Valdez
Democrat
(206) 905-8739
javier.valdez@leg.wa.gov

Representative Jenny Graham
Republican
(509) 960-5393
GRAHAM_JE@leg.wa.gov

Representative Lauren Davis
Democrat
(206) 673-3501
DAVIS_LA@leg.wa.gov

Representative My-Linh Thai
Democrat
(206) 333-4107
THAI_MY@leg.wa.gov

Representative Amy Walen
Democrat
(425) 883-3366
WALEN_AM@leg.wa.gov

Representative Alex Ybarra
Republican
(360) 786-7808
YBARRA_AL@leg.wa.gov

Representative Greg Gilday
Republican
(360) 939-1211
Greg.Gilday@leg.wa.gov

Representative Peter Abbarno
Republican
(360) 786-7896
Peter.Abbarno@leg.wa.gov

Representative Tarra Simmons
Democrat
(360) 930-8127
Tarra.Simmons@leg.wa.gov



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

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