Notice of Introduction for Substitute Senate Bill 6136 - Update: 10 Year Analysis Complete
Office of the Governor / Office of Financial Management sent this bulletin at 02/03/2024 04:45 PM PST
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UPDATE: The 10 year analysis for SSB 6136, titled AN ACT Relating to a business and occupation tax on the privilege of providing property for rent, 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 |
Business and occupation tax |
|
|
|
||
|
2024 |
$0 |
|
|
2025 |
$5,600,000 |
|
|
2026 |
$27,500,000 |
|
|
2027 |
$42,900,000 |
|
|
2028 |
$59,300,000 |
|
|
2029 |
$61,500,000 |
|
|
2030 |
$63,700,000 |
|
|
2031 |
$65,700,000 |
|
|
2032 |
$67,900,000 |
|
|
2033 |
$70,200,000 |
|
|
|
||
|
Total: |
$464,300,000 |
|
Ten-year projection prepared in consultation with the following agencies:
Department of Revenue
Department of Commerce
The substitute bill was proposed by:
Senate Committee on Housing
The original bill sponsors and contact information are:
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp