Notice of Committee Passage for House Bill 1356 - 10 Year Analysis Complete
Office of the Governor / Office of Financial Management sent this bulletin at 02/27/2025 03:54 PM PST
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HB 1356, titled AN ACT Relating to K-12 funding, has been passed by the House Committee on Finance. 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 |
Property Tax |
|
|
|
||
|
2026 |
$48,700,000 |
|
|
2027 |
$146,200,000 |
|
|
2028 |
$249,900,000 |
|
|
2029 |
$352,500,000 |
|
|
2030 |
$463,700,000 |
|
|
2031 |
$586,600,000 |
|
|
2032 |
$715,500,000 |
|
|
2033 |
$851,500,000 |
|
|
2034 |
$991,500,000 |
|
|
2035 |
$1,135,500,000 |
|
|
|
||
|
Total: |
$5,541,600,000 |
|
Ten-year projection prepared in consultation with the following agencies:
Department of Revenue
The following legislators voted do pass:
Representative Sharon Tomiko Santos
Democrat
(360) 786-7944
sharontomiko.santos@leg.wa.gov
Representative Larry Springer
Democrat
(360) 786-7822
larry.springer@leg.wa.gov
Representative Sharon Wylie
Democrat
(360) 786-7924
sharon.wylie@leg.wa.gov
Representative Sharlett Mena
Democrat
(360) 786-7996
sharlett.mena@leg.wa.gov
Representative Amy Walen
Democrat
(360) 786-7848
amy.walen@leg.wa.gov
Representative Alex Ramel
Democrat
(360) 786-7970
alex.ramel@leg.wa.gov
Representative April Berg
Democrat
(360) 786-7892
April.Berg@leg.wa.gov
Representative Chipalo Street
Democrat
(360) 786-7838
Chipalo.Street@leg.wa.gov
Representative Lisa Parshley
Democrat
(360) 786-7992
Lisa.Parshley@leg.wa.gov
Representative Shaun Scott
Democrat
(360) 786-7920
Shaun.Scott@leg.wa.gov
The following legislators voted do not pass:
Representative Ed Orcutt
Republican
(360) 786-7990
ed.orcutt@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 Hunter Abell
Republican
(360) 786-7988
Hunter.Abell@leg.wa.gov
Representative Joshua Penner
Republican
(360) 786-7866
Joshua.Penner@leg.wa.gov
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp