Notice of Introduction for House Bill 2238: Update - 10 Year Analysis Complete
Office of the Governor / Office of Financial Management sent this bulletin at 01/31/2024 08:37 PM PST
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UPDATE: The 10 year analysis for HB 2238, titled AN ACT Relating to imposing a new tax on ammunition, 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:
|
Fiscal |
Ammunition tax |
|
|
|
||
|
2024 |
$0 |
|
|
2025 |
$1,800,000 |
|
|
2026 |
$4,900,000 |
|
|
2027 |
$5,100,000 |
|
|
2028 |
$5,300,000 |
|
|
2029 |
$5,500,000 |
|
|
2030 |
$5,700,000 |
|
|
2031 |
$5,900,000 |
|
|
2032 |
$6,200,000 |
|
|
2033 |
$6,400,000 |
|
|
|
||
|
Total: |
$46,800,000 |
|
Ten-year projection prepared in consultation with the following agencies:
Department of Revenue
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