10 Year Analysis Complete for House Bill 1763
Office of the Governor / Office of Financial Management sent this bulletin at 03/14/2025 12:24 PM PDT
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UPDATE: The 10 year analysis for HB 1763, 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
Department of Commerce
Bill sponsors and contact information:
Representative Lisa Parshley, Prime Sponsor
Democrat
(360) 786-7992
Lisa.Parshley@leg.wa.gov
Representative Brianna Thomas
Democrat
(360) 786-7978
THOMAS_BR@leg.wa.gov
Representative Janice Zahn
Democrat
(360) 786-7894
Janice.Zahn@leg.wa.gov
Representative Alex Ramel
Democrat
(360) 786-7970
alex.ramel@leg.wa.gov
Representative Davina Duerr
Democrat
(360) 786-7928
davina.duerr@leg.wa.gov
Representative Beth Doglio
Democrat
(360) 786-7940
beth.doglio@leg.wa.gov
Representative Gerry Pollet
Democrat
(360) 786-7886
gerry.pollet@leg.wa.gov
Representative Julia Reed
Democrat
(360) 786-7814
Julia.Reed@leg.wa.gov
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp