Notice of Completion: The 10 Year Analysis for Senate Bill 5567 is Complete

Office of Financial Management

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UPDATE: The 10 year analysis for SB 5567, titled AN ACT Relating to commercial salmon fishing, 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
Year

   Excise Tax - Fish

   Salmon pound net commercial license

Total

 

2022

$0

$0

$0

2023

$35,000

$505

$35,505

2024

$85,000

$505

$85,505

2025

$85,000

$505

$85,505

2026

$85,000

$505

$85,505

2027

$85,000

$505

$85,505

2028

$85,000

$505

$85,505

2029

$85,000

$505

$85,505

2030

$85,000

$505

$85,505

2031

$85,000

$505

$85,505

 

Total:

$715,000

$4,545

$719,545


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

Department of Revenue
Department of Fish and Wildlife


Bill sponsors and contact information:

Senator Kevin Van De Wege, Prime Sponsor
Democrat
(360) 786-7646
Kevin.VanDeWege@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