Notice of Introduction for Substitute Senate Bill 5663 - Update: 10 Year Analysis Complete
Office of the Governor / Office of Financial Management sent this bulletin at 05/09/2023 04:25 PM PDT
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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 |
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