Notice of Introduction for Senate Bill 5586 - 10 Year Analysis Complete
Office of the Governor / Office of Financial Management sent this bulletin at 02/11/2025 09:47 AM PST
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SB 5586, titled AN ACT Relating to improving the end-of-life management of electric vehicle batteries, 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:
|
Fiscal |
Electric Vehicle Battery Recycling Registration Fee |
|
|
|
||
|
2026 |
$0 |
|
|
2027 |
$2,529,439 |
|
|
2028 |
$944,094 |
|
|
2029 |
$925,522 |
|
|
2030 |
$925,522 |
|
|
2031 |
$925,522 |
|
|
2032 |
$1,056,884 |
|
|
2033 |
$925,522 |
|
|
2034 |
$925,522 |
|
|
2035 |
$925,522 |
|
|
|
||
|
Total: |
$10,083,549 |
|
Ten-year projection prepared in consultation with the following agencies:
Department of Ecology
Bill sponsors and contact information:
Senator Derek Stanford, Prime Sponsor
Democrat
(360) 786-7600
derek.stanford@leg.wa.gov
Senator Jeff Wilson
Republican
(360) 786-7636
Jeff.Wilson@leg.wa.gov
Senator Bob Hasegawa
Democrat
(360) 786-7616
bob.hasegawa@leg.wa.gov
Senator T'wina Nobles
Democrat
(360) 786-7654
T'wina.Nobles@leg.wa.gov
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp