10 Year Analysis Complete for Senate Bill 5284
Office of the Governor / Office of Financial Management sent this bulletin at 01/28/2025 03:05 PM PSTYou 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.
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UPDATE: The 10 year analysis for SB 5284, titled AN ACT Relating to improving Washington's solid waste management outcomes, 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 |
Producer Responsibility Organization Registration Fee |
Total |
|
|
||||
2026 |
$720,000 |
$0 |
$720,000 |
|
2027 |
$1,610,000 |
$4,539,030 |
$6,149,030 |
|
2028 |
$1,720,000 |
$859,511 |
$2,579,511 |
|
2029 |
$1,760,000 |
$757,907 |
$2,517,907 |
|
2030 |
$2,070,000 |
$633,592 |
$2,703,592 |
|
2031 |
$3,040,000 |
$698,717 |
$3,738,717 |
|
2032 |
$3,320,000 |
$857,476 |
$4,177,476 |
|
2033 |
$3,160,000 |
$657,476 |
$3,817,476 |
|
2034 |
$3,180,000 |
$513,687 |
$3,693,687 |
|
2035 |
$3,210,000 |
$513,687 |
$3,723,687 |
|
|
||||
Total: |
$23,790,000 |
$10,031,083 |
$33,821,083 |
Department of Labor and Industries:
The Department of Labor and Industries has the authority to issue penalties related to violations of this act. However, because the penalty amounts can vary, the cash receipt impact of this bill is indeterminate.
Ten-year projection prepared in consultation with the following agencies:
Department of Revenue
Department of Labor and Industries
Department of Ecology
Department of Commerce
Bill sponsors and contact information:
Senator Liz Lovelett, Prime Sponsor
Democrat
(360) 786-7678
liz.lovelett@leg.wa.gov
Senator Sharon Shewmake
Democrat
(360) 786-7682
sharon.shewmake@leg.wa.gov
Senator T'wina Nobles
Democrat
(360) 786-7654
T'wina.Nobles@leg.wa.gov
Senator Jessica Bateman
Democrat
(360) 786-7642
jessica.bateman@leg.wa.gov
Senator Jesse Salomon
Democrat
(360) 786-7662
jesse.salomon@leg.wa.gov
Senator Rebecca SaldaƱa
Democrat
(360) 786-7688
rebecca.saldana@leg.wa.gov
Senator Derek Stanford
Democrat
(360) 786-7600
derek.stanford@leg.wa.gov
Senator Claire Wilson
Democrat
(360) 786-7658
claire.wilson@leg.wa.gov
Senator Noel Frame
Democrat
(360) 786-7670
noel.frame@leg.wa.gov
Senator Jamie Pedersen
Democrat
(360) 786-7628
jamie.pedersen@leg.wa.gov
Senator Bob Hasegawa
Democrat
(360) 786-7616
bob.hasegawa@leg.wa.gov
Senator Marko Liias
Democrat
(360) 786-7640
marko.liias@leg.wa.gov
Senator Tina Orwall
Democrat
(360) 786-7664
tina.orwall@leg.wa.gov
Senator Vandana Slatter
Democrat
(360) 786-7694
vandana.slatter@leg.wa.gov
Senator Javier Valdez
Democrat
(360) 786-7690
javier.valdez@leg.wa.gov
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp