Notice of Introduction for House Bill 2049 - 10 Year Analysis Complete
Office of the Governor / Office of Financial Management sent this bulletin at 01/18/2024 10:49 AM PST
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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 |
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