10 Year Analysis Complete for House Bill 1369

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UPDATE: The 10 year analysis for HB 1369, titled AN ACT Relating to creating special license plates that support working forests, 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:

Department of Licensing:

The Department of Licensing makes the following assumptions regarding this bill.

Standard special plate definition/criteria:

• Anyone can buy the specialty plate for use on a vehicle registered to that person.

• Specialty plates can be used on motor vehicles, trailers and motorcycles.

• All customers pay the same specialty plate fee.

• The special plate and vehicle expirations match.

• Specialty plate license fees, minus DOL’s portion, go to a single account.

• Specialty plates are renewed annually with the vehicle.

• Specialty plates are transferable.

This bill creates a special license plate and establishes fees of $40 for an original, $30 for a renewed plate and establishes the distribution of those fees.

If this bill becomes law, it will allow vehicle owners the option to choose a new type of specialty license plate for their vehicle in lieu of the standard issue plate. There is no information available, and it is not known how many of these new specialty plates might be purchased. The total revenue impact is indeterminate.

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

Department of Licensing
Department of Commerce


Bill sponsors and contact information:

Representative Ed Orcutt, Prime Sponsor
Republican
(360) 786-7990
ed.orcutt@leg.wa.gov

Representative Travis Couture
Republican
(360) 786-7902
Travis.Couture@leg.wa.gov

Representative Kevin Waters
Republican
(360) 786-7994
Kevin.Waters@leg.wa.gov




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

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