10 Year Analysis Complete for Senate Bill 5576
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UPDATE: The 10 year analysis for SB 5576, titled AN ACT Relating to providing state funding for essential affordable housing programs, 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:
|
Fiscal |
Special excise tax |
|
|
|
||
|
2026 |
$21,400,000 |
|
|
2027 |
$50,800,000 |
|
|
2028 |
$50,900,000 |
|
|
2029 |
$51,500,000 |
|
|
2030 |
$52,900,000 |
|
|
2031 |
$54,500,000 |
|
|
2032 |
$55,400,000 |
|
|
2033 |
$56,500,000 |
|
|
2034 |
$58,100,000 |
|
|
2035 |
$59,700,000 |
|
|
|
||
|
Total: |
$511,700,000 |
|
Ten-year projection prepared in consultation with the following agencies:
Department of Revenue
Bill sponsors and contact information:
Senator Liz Lovelett, Prime Sponsor
Democrat
(360) 786-7678
liz.lovelett@leg.wa.gov
Senator Emily Alvarado
Democrat
(360) 786-7667
Emily.Alvarado@leg.wa.gov
Senator Rebecca Saldaña
Democrat
(360) 786-7688
rebecca.saldana@leg.wa.gov
Senator Jessica Bateman
Democrat
(360) 786-7642
jessica.bateman@leg.wa.gov
Senator Jesse Salomon
Democrat
(360) 786-7662
jesse.salomon@leg.wa.gov
Senator Javier Valdez
Democrat
(360) 786-7690
javier.valdez@leg.wa.gov
Senator Bob Hasegawa
Democrat
(360) 786-7616
bob.hasegawa@leg.wa.gov
Senator T'wina Nobles
Democrat
(360) 786-7654
T'wina.Nobles@leg.wa.gov
Senator Claire Wilson
Democrat
(360) 786-7658
claire.wilson@leg.wa.gov
Senator Bill Ramos
Democrat
(360) 786-7608
bill.ramos@leg.wa.gov
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp
