10 Year Analysis Complete for Substitute Senate Bill 5804
Office of the Governor / Office of Financial Management sent this bulletin at 04/16/2025 04:21 PM PDT
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UPDATE: The 10 year analysis for SSB 5804, titled AN ACT Relating to fish habitat restoration in response to the federal court injunction and supported by changes to the state tax structure and authorization of bonds, 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 |
Public Utilities tax |
Public Utility tax |
Real Estate Excise tax |
Solid Waste Collection tax |
Total |
|
|
|
||||||
|
2026 |
($65,010,000) |
$65,010,000 |
$0 |
$0 |
$0 |
|
|
2027 |
($167,210,000) |
$167,210,000 |
$0 |
$0 |
$0 |
|
|
2028 |
($163,690,000) |
$163,690,000 |
$0 |
$0 |
$0 |
|
|
2029 |
($167,320,000) |
$167,320,000 |
$0 |
$0 |
$0 |
|
|
2030 |
($171,030,000) |
$171,030,000 |
$0 |
$0 |
$0 |
|
|
2031 |
($174,820,000) |
$174,820,000 |
$0 |
$0 |
$0 |
|
|
2032 |
($178,690,000) |
$178,690,000 |
$0 |
$0 |
$0 |
|
|
2033 |
($182,630,000) |
$182,630,000 |
$0 |
$0 |
$0 |
|
|
2034 |
($186,650,000) |
$186,650,000 |
$0 |
$0 |
$0 |
|
|
2035 |
($190,760,000) |
$190,760,000 |
$0 |
$0 |
$0 |
|
|
|
||||||
|
Total: |
($1,647,810,000) |
$1,647,810,000 |
$0 |
$0 |
$0 |
|
Ten-year projection prepared in consultation with the following agencies:
Department of Revenue
Department of Commerce
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