Notice of Introduction for Senate Bill 5286 - Update: 10 Year Analysis Complete
Office of the Governor / Office of Financial Management sent this bulletin at 05/05/2023 04:43 PM PDT
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SB 5286, titled AN ACT Relating to modifying the premium provisions of the paid family and medical leave program, 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 |
PFML Premium |
|
|
|
||
|
2024 |
$35,000,000 |
|
|
2025 |
$178,000,000 |
|
|
2026 |
$233,000,000 |
|
|
2027 |
$31,000,000 |
|
|
2028 |
$29,000,000 |
|
|
2029 |
($19,000,000) |
|
|
2030 |
$31,000,000 |
|
|
2031 |
$83,000,000 |
|
|
2032 |
$17,000,000 |
|
|
2033 |
$55,000,000 |
|
|
|
||
|
Total: |
$673,000,000 |
|
Ten-year projection prepared in consultation with the following agencies:
Employment Security Department
Bill sponsors and contact information:
Senator June Robinson, Prime Sponsor
Democrat
(360) 786-7674
june.robinson@leg.wa.gov
Senator Curtis King
Republican
(360) 786-7626
curtis.king@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 Derek Stanford
Democrat
(360) 786-7600
derek.stanford@leg.wa.gov
Senator Lisa Wellman
Democrat
(360) 786-7641
lisa.wellman@leg.wa.gov
Senator Claire Wilson
Democrat
(360) 786-7658
WILSON_CL@leg.wa.gov
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp