Notice of Introduction and Public Hearing for Senate Bill 6005 - 10 Year Analysis Complete
Office of the Governor / Office of Financial Management sent this bulletin at 01/18/2024 12:14 PM PST
You are receiving this email as a subscriber to the Initiative 960 email list. RCW 43.135.031 (I-960) requires that notices be sent each time a
bill that raises taxes or fees is: introduced in either house; scheduled for a public hearing; approved by any legislative committee; or passed by either house of the Legislature.
Please note: This email message was sent from a notification-only address. Please do not reply to this message.
SB 6005, titled AN ACT Relating to improving Washington's solid waste management outcomes, 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 |
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
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
You are receiving this email as a subscriber to the Initiative 960 email list. RCW 43.135.031 (I-960) requires that notices be sent each time a
bill that raises taxes or fees is: introduced in either house; scheduled for a public hearing; approved by any legislative committee; or passed by either house of the Legislature.
Please note: This email message was sent from a notification-only address. Please do not reply to this message.
SB 6005, titled AN ACT Relating to improving Washington's solid waste management outcomes, has been scheduled for a public hearing by the Senate Committee on Environment, Energy & Technology.
Date and Time: 01/23/2024 1:30PM (Subject to change by the Legislature.)
Location: J.A. Cherberg, Senate Hearing Rm 1 and Virtual, Olympia, WA
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
Bill sponsors and contact information:
Senate Committee on Environment, Energy & Technology members and contact information:
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp