Notice of Introduction for Senate Bill 5281 - Update: 10 Year Analysis Complete
Office of the Governor / Office of Financial Management sent this bulletin at 05/05/2023 04:42 PM PDT
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SB 5281, titled AN ACT Relating to modifying the aircraft fuel excise tax, 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 |
Aviation Fuel Tax Commercial/Commuter Air |
|
|
|
||
|
2024 |
$10,537,400 |
|
|
2025 |
$16,799,000 |
|
|
2026 |
$17,087,600 |
|
|
2027 |
$17,403,300 |
|
|
2028 |
$17,702,900 |
|
|
2029 |
$18,010,600 |
|
|
2030 |
$18,315,600 |
|
|
2031 |
$18,607,400 |
|
|
2032 |
$18,911,000 |
|
|
2033 |
$19,224,600 |
|
|
|
||
|
Total: |
$172,599,400 |
|
Ten-year projection prepared in consultation with the following agencies:
Department of Licensing
Bill sponsors and contact information:
Senator Rebecca Saldaña, Prime Sponsor
Democrat
(360) 786-7688
rebecca.saldana@leg.wa.gov
Senator Karen Keiser
Democrat
(360) 786-7664
karen.keiser@leg.wa.gov
Senator Joe Nguyen
Democrat
(360) 786-7667
NGUYEN_JO@leg.wa.gov
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp