10 Year Analysis Complete for House Bill 1517

Office of Financial Management

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UPDATE: The 10 year analysis for HB 1517, titled AN ACT Relating to providing a revenue stream to fund digital equity 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
Year

   NEW

   Wireless Device Tax

Total

 

2026

$8,500,000

$8,500,000

$17,000,000

2027

$21,300,000

$21,300,000

$42,600,000

2028

$22,400,000

$22,400,000

$44,800,000

2029

$25,200,000

$25,200,000

$50,400,000

2030

$27,500,000

$27,500,000

$55,000,000

2031

$30,200,000

$30,200,000

$60,400,000

2032

$33,500,000

$33,500,000

$67,000,000

2033

$37,400,000

$37,400,000

$74,800,000

2034

$42,200,000

$42,200,000

$84,400,000

2035

$48,000,000

$48,000,000

$96,000,000

 

Total:

$296,200,000

$296,200,000

$592,400,000


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

Department of Commerce
Department of Revenue


Bill sponsors and contact information:

Representative Mia Gregerson, Prime Sponsor
Democrat
(360) 786-7868
mia.gregerson@leg.wa.gov

Representative Cindy Ryu
Democrat
(360) 786-7880
cindy.ryu@leg.wa.gov

Representative Beth Doglio
Democrat
(360) 786-7940
beth.doglio@leg.wa.gov

Representative Strom Peterson
Democrat
(360) 786-7950
strom.peterson@leg.wa.gov

Representative Julia Reed
Democrat
(360) 786-7814
Julia.Reed@leg.wa.gov

Representative Timm Ormsby
Democrat
(360) 786-7946
timm.ormsby@leg.wa.gov

Representative Lisa Parshley
Democrat
(360) 786-7992
Lisa.Parshley@leg.wa.gov

Representative Nicole Macri
Democrat
(360) 786-7826
nicole.macri@leg.wa.gov

Representative Natasha Hill
Democrat
(360) 786-7888
Natasha.Hill@leg.wa.gov




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

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