Notice of Completion: The 10 Year Analysis for House Bill 2026 is Complete
Office of the Governor / Office of Financial Management sent this bulletin at 03/23/2022 03:12 PM PDT
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UPDATE: The 10 year analysis for HB 2026, titled AN ACT Relating to implementing a per mile charge on vehicles, has been completed. 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 |
Electric Vehicle Renewal Fee |
Electric/plug-in vehicle renewal fee |
Per-Mile Fee |
Total |
|
|
|
|||||
|
2022 |
$0 |
$0 |
$0 |
$0 |
|
|
2023 |
$0 |
$0 |
$0 |
$0 |
|
|
2024 |
$0 |
$0 |
$0 |
$0 |
|
|
2025 |
$0 |
$0 |
$0 |
$0 |
|
|
2026 |
($1,806,200) |
($1,806,100) |
$4,782,000 |
$1,169,700 |
|
|
2027 |
($2,121,100) |
($2,121,200) |
$3,539,000 |
($703,300) |
|
|
2028 |
($2,450,800) |
($2,450,800) |
$2,486,000 |
($2,415,600) |
|
|
2029 |
($2,806,000) |
($2,806,000) |
$1,162,000 |
($4,450,000) |
|
|
2030 |
($3,177,100) |
($3,177,100) |
($317,000) |
($6,671,200) |
|
|
2031 |
($3,555,200) |
($3,555,300) |
($1,495,000) |
($8,605,500) |
|
|
|
|||||
|
Total: |
($15,916,400) |
($15,916,500) |
$10,157,000 |
($21,675,900) |
|
Department of Licensing:
See attached fiscal note
Ten-year projection prepared in consultation with the following agencies:
Department of Licensing
County Road Administration Board
Transportation Improvement Board
Bill sponsors and contact information:
Representative Emily Wicks, Prime Sponsor
Democrat
(425) 903-8186
WICKS_EM@leg.wa.gov
Representative Joe Fitzgibbon
Democrat
(564) 888-2362
joe.fitzgibbon@leg.wa.gov
Representative Mike Sells
Democrat
(360) 255-0152
mike.sells@leg.wa.gov
Representative Alex Ramel
Democrat
(360) 786-7970
alex.ramel@leg.wa.gov
Representative Laurie Dolan
Democrat
(360) 786-7940
Laurie.Dolan@leg.wa.gov
Representative Nicole Macri
Democrat
(206) 333-4228
nicole.macri@leg.wa.gov
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp