Notice of Introduction for Substitute Senate Bill 5583 - Update: 10 Year Analysis Complete

Office of Financial Management

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SSB 5583, titled AN ACT Relating to improving young driver safety, 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
Year

   Driver License Examinations

   Instruction Permits for Ages 18-25

   Instruction Permits for Other Ages

Total

 

2024

$3,529,000

$0

$1,153,300

$4,682,300

2025

$5,042,100

$553,700

$1,670,200

$7,266,000

2026

$5,097,100

$1,122,900

$1,685,100

$7,905,100

2027

$5,140,700

$1,133,600

$1,692,800

$7,967,100

2028

$5,163,400

$1,145,000

$1,696,000

$8,004,400

2029

$5,194,100

$1,150,800

$1,697,000

$8,041,900

2030

$5,224,800

$1,156,600

$1,697,300

$8,078,700

2031

$5,255,600

$1,162,300

$1,696,900

$8,114,800

2032

$5,281,500

$1,166,600

$1,696,100

$8,144,200

2033

$5,309,000

$1,171,600

$1,695,500

$8,176,100

 

Total:

$50,237,300

$9,763,100

$16,380,200

$76,380,600


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

Department of Licensing

The substitute bill was proposed by:

Senate Committee on Transportation
(360) 786-7300



The original bill sponsors and contact information are:




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

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