Notice of Introduction for Senate Bill 5191
Office of the Governor / Office of Financial Management sent this bulletin at 04/18/2023 12:42 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 is: introduced in either house; scheduled for a public hearing; approved by any legislative committee; or passed by either house of the Legislature.
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SB 5191, titled AN ACT Relating to reforming the real estate agency law to require written brokerage services agreements, improve consumer disclosures, and provide that certain legal duties of brokers apply to all parties in the transaction, has
been introduced in the Senate. 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 |
|
|
|
||
2024 |
$21,000 |
|
2025 |
$0 |
|
2026 |
$0 |
|
2027 |
$0 |
|
2028 |
$0 |
|
2029 |
$0 |
|
2030 |
$0 |
|
2031 |
$0 |
|
2032 |
$0 |
|
2033 |
$0 |
|
|
||
Total: |
$21,000 |
Ten-year projection prepared in consultation with the following agencies:
Department of Licensing
Bill sponsors and contact information:
Senator Derek Stanford, Prime Sponsor
Democrat
(360) 786-7600
derek.stanford@leg.wa.gov
Senator Perry Dozier
Republican
(360) 786-7630
Perry.Dozier@leg.wa.gov
Senator Chris Gildon
Republican
(360) 786-7648
GILDON_CH@leg.wa.gov
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp