10 Year Analysis Complete for Senate Bill 5281

Office of Financial Management

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UPDATE: The 10 year analysis for SB 5281, titled AN ACT Relating to the vessel length requirement in obtaining nonresident vessel permits, 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:




Department of Licensing:

Indeterminate (+$1) - This bill would amend RCW 88.02.620 Sec. 2(a) modifying the vessel length requirement for nonresident vessel permits, from no more than 200 feet in length, to no more than 300 feet in length. This will increase the number of vessels that qualify for a nonresident vessel permit. However, it is unknown how many more vessels there will be. There is no information available for nonresident vessels to determine how many exist that are greater than 200 feet in length but no more than 300 feet in length with which to base a revenue estimate since these vessels are registered outside of Washington. Until May 1, 2026, the fee for vessels between 201-300 ft. in length shall be the same as a 200 ft. vessel and after May 1, 2026, the fee for vessels between 201 and 300 ft in length shall be $100 per foot. Revenue generated from nonresident vessel permits given to vessels between 201-300 ft. shall be allocated to the Washington state recreation and conservation office for a grant program to support youth swim lessons in overburdened communities. The increase in revenue collections by DOL is anticipated to be minimal.

 



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

Department of Licensing


Bill sponsors and contact information:

Senator Mike Chapman, Prime Sponsor
Democrat
(360) 786-7646
mike.chapman@leg.wa.gov

Senator Curtis King
Republican
(360) 786-7626
curtis.king@leg.wa.gov

Senator Marko Liias
Democrat
(360) 786-7640
marko.liias@leg.wa.gov

Senator Paul Harris
Republican
(360) 786-7632
paul.harris@leg.wa.gov

Senator T'wina Nobles
Democrat
(360) 786-7654
T'wina.Nobles@leg.wa.gov

Senator Sharon Shewmake
Democrat
(360) 786-7682
sharon.shewmake@leg.wa.gov




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

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