Notice of Introduction for Senate Bill 5638
Office of the Governor / Office of Financial Management sent this bulletin at 02/11/2025 09:19 AM 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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SB 5638, titled AN ACT Relating to funding health care access by imposing an excise tax on the annual compensation paid to certain highly compensated hospital employees, has been introduced in the Senate. 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:
The ten-year projection is not yet complete. It will be sent as soon as it is available.
Bill sponsors and contact information:
Senator Rebecca Saldaña, Prime Sponsor
Democrat
(360) 786-7688
rebecca.saldana@leg.wa.gov
Senator Bob Hasegawa
Democrat
(360) 786-7616
bob.hasegawa@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
