Notice of Completion: The 10 Year Analysis for Senate Bill 5567 is Complete
Office of the Governor / Office of Financial Management sent this bulletin at 03/24/2022 10:03 AM PDTYou are receiving this email as a subscriber to the Initiative 960 email list. RCW 43.135.031 (I-960) requires that notices be sent each time a
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.
Please note: This email message was sent from a notification-only address. Please do not reply to this message.
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 |
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