Notice of Introduction for Substitute House Bill 1175

You 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.

SHB 1175, titled AN ACT Relating to creating a state financial assurance program for petroleum underground storage tanks, has been introduced in the House of Representatives. 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		Petroleum products tax
2024		$18,000,000
2025		$28,100,000
2026		$4,700,000
2027		$24,700,000
2028		$30,700,000
2029		($5,400,000)
2030		$29,800,000
2031		$33,100,000
2032		($19,000)
2033		$34,400,000
Total:		$198,081,000

Wa Pollution Liab Insurance Program:

The Substitute House Bill 1175 adds an effective date of October 1, 2023, to the tax collection and account balance management described in Section 17. The Department of Revenue has already assumed this effective date in the fiscal note estimates.

Assumptions and revenue estimates from the petroleum products tax are provided by the Department of Revenue fiscal

note included with the agency request submission. 

PLIA anticipates cash receipts from the following:

Section 4. Enrollment and/or program fees. These are indeterminate receipts dependent on the fees charged and

number of UST owners and operators who choose to enroll in the program. The fee amounts paid by UST owners and

operators seeking to register the UST system in the state financial assurance program will be identified through rule.

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

Department of Revenue
Wa Pollution Liab Insurance Program

The substitute bill was proposed by:

House Committee on Appropriations



The original bill sponsors and contact information are:

Representative Beth Doglio, Prime Sponsor
Democrat
(360) 786-7940
beth.doglio@leg.wa.gov

Representative Mary Dye
Republican
(360) 786-7942
mary.dye@leg.wa.gov

Representative Mari Leavitt
Democrat
(360) 786-7890
LEAVITT_MA@leg.wa.gov




Legislative Bill Information Website: http://apps.leg.wa.gov/billinfo/

Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp