10 Year Analysis Complete for Senate Bill 5320

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UPDATE: The 10 year analysis for SB 5320, titled AN ACT Relating to creating the state department of natural resources' Smokey Bear special license plates, 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:

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

Senator Paul Harris
Republican
(360) 786-7632
paul.harris@leg.wa.gov

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

Senator Deborah Krishnadasan
Democrat
(360) 786-7650
Deborah.Krishnadasan@leg.wa.gov

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

Senator Tina Orwall
Democrat
(360) 786-7664
tina.orwall@leg.wa.gov

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

Senator Jeff Wilson
Republican
(360) 786-7636
Jeff.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