Notice of Introduction for Substitute Senate Bill 5663 - Update: 10 Year Analysis Complete

Office of Financial Management

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SSB 5663, titled AN ACT Relating to abandoned vehicles sold at auctions conducted by registered tow truck operators, 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

   Business and occupation tax

 

2024

$1,000

2025

$3,000

2026

$3,000

2027

$3,000

2028

$3,000

2029

$3,000

2030

$3,000

2031

$3,000

2032

$3,000

2033

$3,000

 

Total:

$28,000


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

Department of Revenue
Department of Commerce

The substitute bill was proposed by:

Senate Committee on Ways & Means
(360) 786-7715



The original bill sponsors and contact information are:

Senator Judy Warnick, Prime Sponsor
Republican
(360) 786-7624
judith.warnick@leg.wa.gov

Senator Perry Dozier
Republican
(360) 786-7630
Perry.Dozier@leg.wa.gov

Senator Phil Fortunato
Republican
(360) 786-7660
phil.fortunato@leg.wa.gov

Senator Shelly Short
Republican
(360) 786-7612
shelly.short@leg.wa.gov

Senator Keith Wagoner
Republican
(360) 786-7676
keith.wagoner@leg.wa.gov




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

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