10 Year Analysis Complete for House Bill 1386

Office of Financial Management

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UPDATE: The 10 year analysis for HB 1386, titled AN ACT Relating to imposing a new tax on firearms, firearm parts, and 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
Year

   NEW

 

2026

$6,600,000

2027

$16,300,000

2028

$16,600,000

2029

$16,900,000

2030

$17,300,000

2031

$17,700,000

2032

$18,000,000

2033

$18,400,000

2034

$18,800,000

2035

$19,200,000

 

Total:

$165,800,000


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

Department of Revenue


Bill sponsors and contact information:

Representative My-Linh Thai, Prime Sponsor
Democrat
(360) 786-7926
my-linh.thai@leg.wa.gov

Representative Cindy Ryu
Democrat
(360) 786-7880
cindy.ryu@leg.wa.gov

Representative Lauren Davis
Democrat
(360) 786-7910
lauren.davis@leg.wa.gov

Representative Davina Duerr
Democrat
(360) 786-7928
davina.duerr@leg.wa.gov

Representative Lisa Parshley
Democrat
(360) 786-7992
Lisa.Parshley@leg.wa.gov

Representative Strom Peterson
Democrat
(360) 786-7950
strom.peterson@leg.wa.gov

Representative Julia Reed
Democrat
(360) 786-7814
Julia.Reed@leg.wa.gov

Representative Alex Ramel
Democrat
(360) 786-7970
alex.ramel@leg.wa.gov

Representative Mia Gregerson
Democrat
(360) 786-7868
mia.gregerson@leg.wa.gov

Representative Beth Doglio
Democrat
(360) 786-7940
beth.doglio@leg.wa.gov

Representative Julio Cortes
Democrat
(360) 786-7840
Julio.Cortes@leg.wa.gov

Representative Osman Salahuddin
Democrat
(360) 786-7936
Osman.Salahuddin@leg.wa.gov

Representative Mary Fosse
Democrat
(360) 786-7864
Mary.Fosse@leg.wa.gov

Representative Gerry Pollet
Democrat
(360) 786-7886
gerry.pollet@leg.wa.gov

Representative Natasha Hill
Democrat
(360) 786-7888
Natasha.Hill@leg.wa.gov

Representative Nicole Macri
Democrat
(360) 786-7826
nicole.macri@leg.wa.gov

Representative Shaun Scott
Democrat
(360) 786-7920
Shaun.Scott@leg.wa.gov

Representative Sharon Tomiko Santos
Democrat
(360) 786-7944
sharontomiko.santos@leg.wa.gov




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

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