Notice of Public Hearing for 1907 - 10 Year Analysis Complete
Office of the Governor / Office of Financial Management sent this bulletin at 02/24/2025 08:17 PM PST
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HB 1907, titled AN ACT Relating to defining the rental or lease of individual storage space at self-service storage facilities as a retail transaction for the imposition of business and occupation and sales and use taxes, has been scheduled for
a public hearing by the House Committee on Finance.
Date and Time: 02/25/2025 8:00AM (Subject to change by the Legislature.)
Location: John L. O'Brien Building, House Hearing Rm A and Virtual, Olympia, WA
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 & occupation tax |
Retail sales tax |
Total |
|
|
|
||||
|
2026 |
$1,100,000 |
$15,100,000 |
$16,200,000 |
|
|
2027 |
$2,800,000 |
$38,600,000 |
$41,400,000 |
|
|
2028 |
$3,000,000 |
$40,800,000 |
$43,800,000 |
|
|
2029 |
$3,100,000 |
$43,300,000 |
$46,400,000 |
|
|
2030 |
$3,300,000 |
$45,800,000 |
$49,100,000 |
|
|
2031 |
$3,500,000 |
$48,500,000 |
$52,000,000 |
|
|
2032 |
$3,700,000 |
$51,300,000 |
$55,000,000 |
|
|
2033 |
$3,900,000 |
$54,400,000 |
$58,300,000 |
|
|
2034 |
$4,200,000 |
$57,600,000 |
$61,800,000 |
|
|
2035 |
$4,400,000 |
$61,000,000 |
$65,400,000 |
|
|
|
||||
|
Total: |
$33,000,000 |
$456,400,000 |
$489,400,000 |
|
Ten-year projection prepared in consultation with the following agencies:
Department of Revenue
Department of Commerce
Bill sponsors and contact information:
House Committee on Finance members and contact information:
Representative Hunter Abell
Republican
(360) 786-7988
Hunter.Abell@leg.wa.gov
Representative April Berg
Democrat
(360) 786-7892
April.Berg@leg.wa.gov
Representative Rob Chase
Republican
(360) 786-7984
Rob.Chase@leg.wa.gov
Representative Cyndy Jacobsen
Republican
(360) 786-7968
Cyndy.Jacobsen@leg.wa.gov
Representative Sharlett Mena
Democrat
(360) 786-7996
sharlett.mena@leg.wa.gov
Representative Ed Orcutt
Republican
(360) 786-7990
ed.orcutt@leg.wa.gov
Representative Lisa Parshley
Democrat
(360) 786-7992
Lisa.Parshley@leg.wa.gov
Representative Joshua Penner
Republican
(360) 786-7866
Joshua.Penner@leg.wa.gov
Representative Alex Ramel
Democrat
(360) 786-7970
alex.ramel@leg.wa.gov
Representative Sharon Tomiko Santos
Democrat
(360) 786-7944
sharontomiko.santos@leg.wa.gov
Representative Shaun Scott
Democrat
(360) 786-7920
Shaun.Scott@leg.wa.gov
Representative Larry Springer
Democrat
(360) 786-7822
larry.springer@leg.wa.gov
Representative Chipalo Street
Democrat
(360) 786-7838
Chipalo.Street@leg.wa.gov
Representative Amy Walen
Democrat
(360) 786-7848
amy.walen@leg.wa.gov
Representative Sharon Wylie
Democrat
(360) 786-7924
sharon.wylie@leg.wa.gov
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp