Notice of Introduction for House Bill 2049 - 10 Year Analysis Complete

Office of Financial Management

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HB 2049, titled AN ACT Relating to improving Washington's solid waste management outcomes, 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

   Business and occupation tax

   Packaging Financial Assistance Fee

   Producer Responsibility Organization Fee

Total

 

2024

$0

$0

$0

$0

2025

$760,000

$0

$0

$760,000

2026

$1,640,000

$5,000,000

$0

$6,640,000

2027

$1,640,000

$5,000,000

$2,440,284

$9,080,284

2028

$1,670,000

$5,000,000

$1,240,501

$7,910,501

2029

$2,100,000

$5,000,000

$1,147,225

$8,247,225

2030

$2,780,000

$3,542,632

$893,136

$7,215,768

2031

$3,120,000

$4,406,286

$793,136

$8,319,422

2032

$3,060,000

$5,564,567

$837,144

$9,461,711

2033

$3,030,000

$6,699,192

$793,136

$10,522,328

 

Total:

$19,800,000

$40,212,677

$8,144,562

$68,157,239


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

Department of Revenue
Department of Ecology
Department of Commerce


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