Notice of House Passage for House Bill 1972 - 10 Year Analysis Complete

Office of Financial Management

Having trouble viewing this email? View it as a Web page.

Bookmark and Share

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.

HB 1972, titled AN ACT Relating to increasing the licensure fees that support the Washington physicians health program, has been passed by the House of Representatives. 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
Year

   Dentist WPHP fee

   Osteopath WPHP fee

   Physician Assistant Interim WPHP fee

   Physician/Physician Assistant WPHP fee

   Podiatry WPHP fee

   Veterinarian WPHP fee

Total

 

2024

$0

$0

$0

$0

$0

$0

$0

2025

$0

$94,000

$100

$882,000

$8,000

$48,000

$1,032,100

2026

$73,000

$104,000

$100

$858,000

$8,000

$49,000

$1,092,100

2027

$148,000

$114,000

$100

$920,000

$8,000

$50,000

$1,240,100

2028

$150,000

$125,000

$100

$896,000

$8,000

$51,000

$1,230,100

2029

$151,000

$138,000

$100

$961,000

$8,000

$53,000

$1,311,100

2030

$153,000

$151,000

$100

$936,000

$8,000

$54,000

$1,302,100

2031

$155,000

$166,000

$100

$1,004,000

$9,000

$55,000

$1,389,100

2032

$157,000

$183,000

$100

$979,000

$9,000

$57,000

$1,385,100

2033

$159,000

$201,000

$100

$1,049,000

$9,000

$58,000

$1,476,100

 

Total:

$1,146,000

$1,276,000

$900

$8,485,000

$75,000

$475,000

$11,457,900


Ten-year projection prepared in consultation with the following agencies:


Vote Information is currently not available...



Legislative Bill Information Website: http://apps.leg.wa.gov/billinfo/

Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp