Notice of Completion: The 10 Year Analysis for Substitute Senate Bill 5880 is Complete
Office of the Governor / Office of Financial Management sent this bulletin at 03/24/2022 12:11 PM 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
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UPDATE: The 10 year analysis for SSB 5880, titled AN ACT Relating to fire protection sprinkler system contractors, 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:
Washington State Patrol:
The full impact of the proposed legislation to cash receipts will not be known until after rulemaking is complete.
The proposed legislation increases the cost structure of fees and fines related to Chapter 18.160 RCW Fire Sprinkler System Contractors, creates the Fire Protection Compliance Account, and moves the deposit of fines collected under the chapter from the Fire Protection Contractor License Account (210) to the new Fire Protection Compliance Account. However, the substitute version reduces the level of these increases.
Changes in the distribution of revenue for fines is expected to reduce revenues to the Fire Protection Contractor License Account (210), but this is expected to be offset by the increases in revenue related to licensing fees.
Rulemaking will be required to determine and implement the final level of fees and fines enforced. If all the fees and fines are increased consistent with the maximum amount allowed in the substitute version of the proposed legislation, we would expect to see an increase of $76,000 in the first year, and $151,000 ongoing in revenue to the Fire Protection Contractor License Account (210), and $10,000 in the first year, and $20,000 ongoing in revenue to the Fire Protection Compliance Account. These increases will be insufficient to support the required work. We expect that after the rulemaking process is complete, fee increases sufficient to support the additional work required will need to be implemented.
Ten-year projection prepared in consultation with the following agencies:
Washington State Patrol
The substitute bill was proposed by:
Senate Committee on Business, Financial Services & Trade
The original bill sponsors and contact information are:
Senator Jesse Salomon, Prime Sponsor
Democrat
(360) 786-7662
SALOMON_JE@leg.wa.gov
Senator Steve Conway
Democrat
(360) 786-7656
steve.conway@leg.wa.gov
Senator Karen Keiser
Democrat
(360) 786-7664
Karen.Keiser@leg.wa.gov
Senator Marko Liias
Democrat
(360) 786-7640
marko.liias@leg.wa.gov
Senator John Lovick
Democrat
(253) 275-1405
john.lovick@leg.wa.gov
Senator T'wina Nobles
Democrat
(360) 786-7654
T'wina.Nobles@leg.wa.gov
Senator Kevin Van De Wege
Democrat
(360) 786-7646
Kevin.VanDeWege@leg.wa.gov
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp