10 Year Analysis Complete for Senate Bill 5099

Office of Financial Management

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UPDATE: The 10 year analysis for SB 5099, titled AN ACT Relating to protecting the public from gun violence by establishing additional requirements for the business operations of licensed firearms dealers, 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

   

   Dealer Licensing Fee

   Fingerprint Identification Background Check Fee

Total

 

2026

($105,300)

$300,000

$13,800

$208,500

2027

($112,500)

$248,000

$13,800

$149,300

2028

($112,500)

$248,000

$13,800

$149,300

2029

($112,500)

$248,000

$13,800

$149,300

2030

($112,500)

$248,000

$13,800

$149,300

2031

($112,500)

$248,000

$13,800

$149,300

2032

($112,500)

$248,000

$13,800

$149,300

2033

($112,500)

$248,000

$13,800

$149,300

2034

($112,500)

$248,000

$13,800

$149,300

2035

($112,500)

$248,000

$13,800

$149,300

 

Total:

($1,117,800)

$2,532,000

$138,000

$1,552,200


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

Washington State Patrol
Department of Licensing


Bill sponsors and contact information:

Senator John Lovick, Prime Sponsor
Democrat
(360) 786-7686
john.lovick@leg.wa.gov

Senator Jamie Pedersen
Democrat
(360) 786-7628
jamie.pedersen@leg.wa.gov

Senator Steve Conway
Democrat
(360) 786-7656
steve.conway@leg.wa.gov

Senator Adrian Cortes
Democrat
(360) 786-7634
Adrian.Cortes@leg.wa.gov

Senator Manka Dhingra
Democrat
(360) 786-7672
manka.dhingra@leg.wa.gov

Senator Noel Frame
Democrat
(360) 786-7670
noel.frame@leg.wa.gov

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

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

Senator Rebecca Saldaña
Democrat
(360) 786-7688
rebecca.saldana@leg.wa.gov

Senator Jesse Salomon
Democrat
(360) 786-7662
jesse.salomon@leg.wa.gov

Senator Vandana Slatter
Democrat
(360) 786-7694
vandana.slatter@leg.wa.gov

Senator Derek Stanford
Democrat
(360) 786-7600
derek.stanford@leg.wa.gov

Senator Javier Valdez
Democrat
(360) 786-7690
javier.valdez@leg.wa.gov

Senator Claire Wilson
Democrat
(360) 786-7658
claire.wilson@leg.wa.gov




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

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