Notice of Committee Passage for Senate Bill 5502 - 10 Year Analysis Complete
Office of the Governor / Office of Financial Management sent this bulletin at 02/20/2025 07:23 PM PST
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SB 5502, titled AN ACT Relating to recycling and waste reduction, has been passed by the Senate Committee on Environment, Energy & Technology. 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 |
Recycling Refund Program Fee |
Total |
|
|
|
||||
|
2026 |
$620,000 |
$0 |
$620,000 |
|
|
2027 |
$2,690,000 |
$1,337,293 |
$4,027,293 |
|
|
2028 |
$3,620,000 |
$0 |
$3,620,000 |
|
|
2029 |
$5,690,000 |
$313,742 |
$6,003,742 |
|
|
2030 |
$5,880,000 |
$192,996 |
$6,072,996 |
|
|
2031 |
$6,060,000 |
$236,785 |
$6,296,785 |
|
|
2032 |
$6,260,000 |
$236,785 |
$6,496,785 |
|
|
2033 |
$6,450,000 |
$236,785 |
$6,686,785 |
|
|
2034 |
$4,850,000 |
$263,058 |
$5,113,058 |
|
|
2035 |
$3,250,000 |
$209,025 |
$3,459,025 |
|
|
|
||||
|
Total: |
$45,370,000 |
$3,026,469 |
$48,396,469 |
|
Ten-year projection prepared in consultation with the following agencies:
Department of Revenue
Department of Ecology
The following legislators voted do pass:
Senator Marko Liias
Democrat
(360) 786-7640
marko.liias@leg.wa.gov
Senator Lisa Wellman
Democrat
(360) 786-7641
lisa.wellman@leg.wa.gov
Senator Vandana Slatter
Democrat
(360) 786-7694
vandana.slatter@leg.wa.gov
Senator Manka Dhingra
Democrat
(360) 786-7672
manka.dhingra@leg.wa.gov
Senator Bill Ramos
Democrat
(360) 786-7608
bill.ramos@leg.wa.gov
Senator Sharon Shewmake
Democrat
(360) 786-7682
sharon.shewmake@leg.wa.gov
Senator Liz Lovelett
Democrat
(360) 786-7678
liz.lovelett@leg.wa.gov
The following legislators voted to refer the bill without recommendation:
Senator Paul Harris
Republican
(360) 786-7632
paul.harris@leg.wa.gov
Senator Matt Boehnke
Republican
(360) 786-7614
matt.boehnke@leg.wa.gov
The following legislators voted do not pass:
Senator Shelly Short
Republican
(360) 786-7612
shelly.short@leg.wa.gov
Senator Drew MacEwen
Republican
(360) 786-7668
drew.macewen@leg.wa.gov
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp