Notice of Introduction for House Bill 2108 - Update: 10 Year Analysis Complete
Office of the Governor / Office of Financial Management sent this bulletin at 01/25/2024 08:29 PM PSTYou 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.
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UPDATE: The 10 year analysis for HB 2108, titled AN ACT Relating to creating the state department of natural resources' Smokey Bear special license plates, has been completed. 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:
Department of Licensing:
This bill creates a special license plate and establishes fees of $40 for an original, $30 for a renewed plate and establishes the distribution of those fees.
If this bill becomes law, it will allow vehicle owners the option to choose a new type of specialty license plate for their vehicle in lieu of the standard issue plate. There is no information available, and it is not
known how many of these new specialty plates might be purchased. The total revenue impact is indeterminate.
However, based on historical purchase data of similar special plates, the following revenue estimates below could occur:
Original Plates:
FY 25 – 1,680
FY 26 - 940
FY 27 – 914
FY 28 - 675
FY 29 - 458
Renewal Plates:
FY 26 – 1,447
FY 27 – 2,049
FY 28 – 2,522
FY 29 – 2,769
Ten-year projection prepared in consultation with the following agencies:
Department of Licensing
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