Notice of Introduction for House Bill 1972 - 10 Year Analysis Complete

Office of Financial Management

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HB 1972, titled AN ACT Relating to increasing the licensure fees that support the Washington physicians health program, has been introduced in the House of Representatives. 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

   Dentist

   Osteopath

   Physican Asst Interim (Training

   Physician/Physician Assistant

   Podiatrist

   Veterinarian

Total

 

2024

$0

$0

$0

$0

$0

$0

$0

2025

$0

$0

$0

$0

$0

$0

$0

2026

$73,000

$104,000

$100

$858,000

$8,000

$49,000

$1,092,100

2027

$148,000

$225,000

$100

$920,000

$8,000

$50,000

$1,351,100

2028

$150,000

$125,000

$100

$896,000

$8,000

$51,000

$1,230,100

2029

$151,000

$138,000

$100

$961,000

$8,000

$53,000

$1,311,100

2030

$153,000

$151,000

$100

$936,000

$8,000

$54,000

$1,302,100

2031

$155,000

$166,000

$100

$1,004,000

$9,000

$55,000

$1,389,100

2032

$157,000

$183,000

$100

$979,000

$9,000

$57,000

$1,385,100

2033

$159,000

$201,000

$100

$1,049,000

$9,000

$58,000

$1,476,100

 

Total:

$1,146,000

$1,293,000

$800

$7,603,000

$67,000

$427,000

$10,536,800


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

Department of Health


Bill sponsors and contact information:




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

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