10 Year Analysis Complete for House Bill 1552
Office of the Governor / Office of Financial Management sent this bulletin at 02/03/2025 05:01 PM PST
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.
UPDATE: The 10 year analysis for HB 1552, titled AN ACT Relating to extending the fee on real estate broker licenses to fund the Washington center for real estate research and adjusting the fee to account for inflation, 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 |
|
|
|
|
||
|
2026 |
$342,000 |
|
|
2027 |
$512,000 |
|
|
2028 |
$512,000 |
|
|
2029 |
$512,000 |
|
|
2030 |
$512,000 |
|
|
2031 |
$512,000 |
|
|
2032 |
$512,000 |
|
|
2033 |
$512,000 |
|
|
2034 |
$512,000 |
|
|
2035 |
$512,000 |
|
|
|
||
|
Total: |
$4,950,000 |
|
Ten-year projection prepared in consultation with the following agencies:
Department of Licensing
Bill sponsors and contact information:
Representative Strom Peterson, Prime Sponsor
Democrat
(360) 786-7950
strom.peterson@leg.wa.gov
Representative Sam Low
Republican
(360) 786-7967
Sam.Low@leg.wa.gov
Representative Julia Reed
Democrat
(360) 786-7814
Julia.Reed@leg.wa.gov
Representative Timm Ormsby
Democrat
(360) 786-7946
timm.ormsby@leg.wa.gov
Representative Natasha Hill
Democrat
(360) 786-7888
Natasha.Hill@leg.wa.gov
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp