Notice of Public Hearing for Senate Bill 5400 - 10 Year Analysis Complete

Office of Financial Management

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SSB 5400, titled AN ACT Relating to supporting local news journalism, has been scheduled for a public hearing by the Senate Committee on Ways & Means.

Date and Time: 03/18/2025 4:00PM (Subject to change by the Legislature.)
Location: J.A. Cherberg Building, Senate Hearing Rm 4 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
Year

   Business and occupation tax

 

2026

$0

2027

$24,200,000

2028

$24,700,000

2029

$25,300,000

2030

$25,800,000

2031

$26,400,000

2032

$27,000,000

2033

$27,700,000

2034

$28,300,000

2035

$29,000,000

 

Total:

$238,400,000





Department of Commerce:

Cash receipts are indeterminate and based on the taxes collected by the Department of Revenue as outlined in Section 7.

 



Ten-year projection prepared in consultation with the following agencies:

Department of Commerce
Department of Revenue

The substitute bill was proposed by:



The original bill sponsors and contact information are:

Senator Marko Liias, Prime Sponsor
Democrat
(360) 786-7640
marko.liias@leg.wa.gov

Senator Matt Boehnke
Republican
(360) 786-7614
matt.boehnke@leg.wa.gov

Senator Mike Chapman
Democrat
(360) 786-7646
mike.chapman@leg.wa.gov

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

Senator Noel Frame
Democrat
(360) 786-7670
noel.frame@leg.wa.gov

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

Senator Liz Lovelett
Democrat
(360) 786-7678
liz.lovelett@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 Marcus Riccelli
Democrat
(360) 786-7604
marcus.riccelli@leg.wa.gov

Senator Rebecca Saldaña
Democrat
(360) 786-7688
rebecca.saldana@leg.wa.gov

Senator Sharon Shewmake
Democrat
(360) 786-7682
sharon.shewmake@leg.wa.gov

Senator Javier Valdez
Democrat
(360) 786-7690
javier.valdez@leg.wa.gov


Senate Committee on Ways & Means members and contact information:

Senator Matt Boehnke
Republican
(360) 786-7614
matt.boehnke@leg.wa.gov

Senator John Braun
Republican
(360) 786-7638
john.braun@leg.wa.gov

Senator Annette Cleveland
Democrat
(360) 786-7696
annette.cleveland@leg.wa.gov

Senator Steve Conway
Democrat
(360) 786-7656
steve.conway@leg.wa.gov

Senator Manka Dhingra
Democrat
(360) 786-7672
manka.dhingra@leg.wa.gov

Senator Perry Dozier
Republican
(360) 786-7630
Perry.Dozier@leg.wa.gov

Senator Noel Frame
Democrat
(360) 786-7670
noel.frame@leg.wa.gov

Senator Chris Gildon
Republican
(360) 786-7648
chris.gildon@leg.wa.gov

Senator Drew Hansen
Democrat
(360) 786-7644
drew.hansen@leg.wa.gov

Senator Bob Hasegawa
Democrat
(360) 786-7616
bob.hasegawa@leg.wa.gov

Senator Claudia Kauffman
Democrat
(360) 786-7692
claudia.kauffman@leg.wa.gov

Senator Ron Muzzall
Republican
(360) 786-7618
ron.muzzall@leg.wa.gov

Senator Jamie Pedersen
Democrat
(360) 786-7628
jamie.pedersen@leg.wa.gov

Senator Marcus Riccelli
Democrat
(360) 786-7604
marcus.riccelli@leg.wa.gov

Senator June Robinson
Democrat
(360) 786-7674
june.robinson@leg.wa.gov

Senator Rebecca Saldaña
Democrat
(360) 786-7688
rebecca.saldana@leg.wa.gov

Senator Mark Schoesler
Republican
(360) 786-7620
mark.schoesler@leg.wa.gov

Senator Derek Stanford
Democrat
(360) 786-7600
derek.stanford@leg.wa.gov

Senator Nikki Torres
Republican
(360) 786-7684
Nikki.Torres@leg.wa.gov

Senator Yasmin Trudeau
Democrat
(360) 786-7652
yasmin.trudeau@leg.wa.gov

Senator Keith Wagoner
Republican
(360) 786-7676
keith.wagoner@leg.wa.gov

Senator Judy Warnick
Republican
(360) 786-7624
judith.warnick@leg.wa.gov

Senator Lisa Wellman
Democrat
(360) 786-7641
lisa.wellman@leg.wa.gov

Senator Claire Wilson
Democrat
(360) 786-7658
claire.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