Notice of Introduction for Substitute Senate Bill 5786 - 10 Year Analysis Complete

Office of Financial Management

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SSB 5786, titled AN ACT Relating to increasing license, permit, and endorsement fees, has been introduced in the Senate. 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

   License/fee/endorsement increase (summary)

 

2026

$12,698,495

2027

$12,698,495

2028

$12,698,495

2029

$12,698,495

2030

$12,698,495

2031

$12,698,495

2032

$12,698,495

2033

$12,698,495

2034

$12,698,495

2035

$12,698,495

 

Total:

$126,984,950


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

Liquor and Cannabis Board

The substitute bill was proposed by:



The original bill sponsors and contact information are:




Legislative Bill Information Website: http://apps.leg.wa.gov/billinfo/

Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp