Notice of Committee Passage for Senate Bill 5034 5034-S AMH CRJ H1268.2 - Update: 10 Year Analysis Complete
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bill that raises taxes or fees is: introduced in either house; scheduled for a public hearing; approved by any legislative committee; or passed by either house of the Legislature.
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SB 5034 5034-S AMH CRJ H1268.2, titled AN ACT Relating to nonprofit corporations, has been passed by the Senate Committee on Law & Justice. 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 |
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:
Senator Mike Padden
Republican
(360) 786-7606
Mike.Padden@leg.wa.gov
Senator Jim McCune
Republican
(360) 786-7602
jim.mccune@leg.wa.gov
Senator Jeannie Darneille
Democrat
(360) 786-7652
DARNEILL_JE@leg.wa.gov
Senator Jamie Pedersen
Democrat
(360) 786-7628
jamie.pedersen@leg.wa.gov
Senator Jeff Holy
Republican
(360) 786-7610
jeff.holy@leg.wa.gov
Senator Patty Kuderer
Democrat
(360) 786-7694
patty.kuderer@leg.wa.gov
Senator Manka Dhingra
Democrat
(360) 786-7672
Manka.Dhingra@leg.wa.gov
Senator Keith Wagoner
Republican
(360) 786-7676
keith.wagoner@leg.wa.gov
Senator Jesse Salomon
Democrat
(360) 786-7662
SALOMON_JE@leg.wa.gov
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp