Notice of Introduction for Substitute Senate Bill 5634 - Update: 10 Year Analysis Complete
Office of the Governor / Office of Financial Management sent this bulletin at 05/09/2023 04:18 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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SSB 5634, titled AN ACT Relating to problem gambling, 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 |
Business and occupation tax |
|
|
||
2024 |
$232,000 |
|
2025 |
$471,000 |
|
2026 |
$471,000 |
|
2027 |
$471,000 |
|
2028 |
$471,000 |
|
2029 |
$471,000 |
|
2030 |
$471,000 |
|
2031 |
$471,000 |
|
2032 |
$471,000 |
|
2033 |
$471,000 |
|
|
||
Total: |
$4,471,000 |
Wash State Health Care Authority:
Please see attached narrative.
Ten-year projection prepared in consultation with the following agencies:
Wash State Health Care Authority
Department of Revenue
The substitute bill was proposed by:
Senate Committee on Business, Financial Services, Gaming & Trade
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