10 Year Analysis Complete for House Bill 2079

Office of Financial Management

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UPDATE: The 10 year analysis for HB 2079, titled AN ACT Relating to increasing alcohol taxes, 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

   Beer Tax

   Wine Tax

Total

 

2026

$29,962,826

$3,729,064

$33,691,890

2027

$29,962,826

$3,729,064

$33,691,890

2028

$29,962,826

$3,729,064

$33,691,890

2029

$29,962,826

$3,729,064

$33,691,890

2030

$29,962,826

$3,729,064

$33,691,890

2031

$29,962,826

$3,729,064

$33,691,890

2032

$29,962,826

$3,729,064

$33,691,890

2033

$29,962,826

$3,729,064

$33,691,890

2034

$29,962,826

$3,729,064

$33,691,890

2035

$29,962,826

$3,729,064

$33,691,890

 

Total:

$299,628,260

$37,290,640

$336,918,900


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

Liquor and Cannabis Board


Bill sponsors and contact information:




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

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