Notice of Introduction for House Bill 2327 - Update: 10 Year Analysis Complete
Office of the Governor / Office of Financial Management sent this bulletin at 01/31/2024 08:46 PM PST
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UPDATE: The 10 year analysis for HB 2327, titled AN ACT Relating to providing a revenue stream to fund digital equity programs, 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 |
Retail Sales Tax |
Wireless device tax |
Total |
|
|
|
||||
|
2024 |
$0 |
$0 |
$0 |
|
|
2025 |
($47,800,000) |
$7,100,000 |
($40,700,000) |
|
|
2026 |
($92,500,000) |
$17,200,000 |
($75,300,000) |
|
|
2027 |
($95,000,000) |
$17,300,000 |
($77,700,000) |
|
|
2028 |
($97,400,000) |
$17,400,000 |
($80,000,000) |
|
|
2029 |
($99,800,000) |
$17,500,000 |
($82,300,000) |
|
|
2030 |
($102,500,000) |
$17,600,000 |
($84,900,000) |
|
|
2031 |
($105,300,000) |
$17,700,000 |
($87,600,000) |
|
|
2032 |
($108,300,000) |
$17,900,000 |
($90,400,000) |
|
|
2033 |
($111,500,000) |
$18,000,000 |
($93,500,000) |
|
|
|
||||
|
Total: |
($860,100,000) |
$147,700,000 |
($712,400,000) |
|
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