10 Year Analysis Complete for Senate Bill 5284

Office of Financial Management

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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
Year

   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