Notice of Introduction for House Bill 1534 - Update: 10 Year Analysis Complete
Office of the Governor / Office of Financial Management sent this bulletin at 04/05/2021 10:33 AM PDT
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HB 1534, titled AN ACT Relating to establishing a carbon pollution tax that recognizes the nature of energy-intensive, trade-exposed industries, has been introduced in the House of Representatives. 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 |
carbon pollution tax |
|
|
|
||
|
2022 |
$0 |
|
|
2023 |
1,700,000 |
|
|
2024 |
4,700,000 |
|
|
2025 |
5,900,000 |
|
|
2026 |
7,300,000 |
|
|
2027 |
8,300,000 |
|
|
2028 |
8,700,000 |
|
|
2029 |
9,300,000 |
|
|
2030 |
9,800,000 |
|
|
2031 |
10,200,000 |
|
|
|
||
|
Total: |
$ 65,900,000 |
|
Ten-year projection prepared in consultation with the following agencies:
Department of Revenue
Bill sponsors and contact information:
Representative Sharon Shewmake, Prime Sponsor
Democrat
(360) 746-6939
sharon.shewmake@leg.wa.gov
Representative Debra Lekanoff
Democrat
(360) 419-5266
LEKANOFF_DE@leg.wa.gov
Representative Sharon Tomiko Santos
Democrat
(360) 786-7944
sharontomiko.santos@leg.wa.gov
Representative Gerry Pollet
Democrat
(206) 307-0409
gerry.pollet@leg.wa.gov
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp