Notice of Introduction for House Bill 1839 - 10 Year Analysis Complete
Office of the Governor / Office of Financial Management sent this bulletin at 02/18/2025 08:55 PM PST
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HB 1839, titled AN ACT Relating to increasing the investments in our workforce by amending the advanced computing surcharge, has been introduced in the House of Representatives. 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 |
Business and occupation tax |
|
|
|
||
|
2026 |
$44,300,000 |
|
|
2027 |
$187,000,000 |
|
|
2028 |
$197,300,000 |
|
|
2029 |
$207,200,000 |
|
|
2030 |
$217,400,000 |
|
|
2031 |
$228,100,000 |
|
|
2032 |
$239,200,000 |
|
|
2033 |
$250,800,000 |
|
|
2034 |
$262,900,000 |
|
|
2035 |
$275,700,000 |
|
|
|
||
|
Total: |
$2,109,900,000 |
|
Ten-year projection prepared in consultation with the following agencies:
Department of Revenue
Bill sponsors and contact information:
Representative Julia Reed, Prime Sponsor
Democrat
(360) 786-7814
Julia.Reed@leg.wa.gov
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp