Notice of Introduction for House Bill 2087 - Update: 10 Year Analysis Complete
Office of the Governor / Office of Financial Management sent this bulletin at 01/20/2026 04:12 PM PSTYou are receiving this email as a subscriber to the Initiative 960 email list. RCW 43.135.031 (I-960) requires that notices be sent each time a
bill that raises taxes or fees is: introduced in either house; scheduled for a public hearing; approved by any legislative committee; or passed by either house of the Legislature.
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UPDATE: The 10 year analysis for HB 2087, titled AN ACT Relating to travel insurance, 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 |
Adjuster License Exemption |
Travel-only License Exemption |
Total |
|
|
|
||||
|
2026 |
($3,710) |
($40,090) |
($43,800) |
|
|
2027 |
($3,710) |
($40,090) |
($43,800) |
|
|
2028 |
($3,710) |
($40,090) |
($43,800) |
|
|
2029 |
($3,710) |
($40,090) |
($43,800) |
|
|
2030 |
($3,710) |
($40,090) |
($43,800) |
|
|
2031 |
($3,710) |
($40,090) |
($43,800) |
|
|
2032 |
($3,710) |
($40,090) |
($43,800) |
|
|
2033 |
($3,710) |
($40,090) |
($43,800) |
|
|
2034 |
($3,710) |
($40,090) |
($43,800) |
|
|
2035 |
($3,710) |
($40,090) |
($43,800) |
|
|
|
||||
|
Total: |
($37,100) |
($400,900) |
($438,000) |
|
Ten-year projection prepared in consultation with the following agencies:
Office of Insurance Commissioner
Bill sponsors and contact information:
Representative Cindy Ryu, Prime Sponsor
Democrat
(360) 786-7880
cindy.ryu@leg.wa.gov
Representative Stephanie McClintock
Republican
(360) 786-7850
Stephanie.McClintock@leg.wa.gov
Representative Julia Reed
Democrat
(360) 786-7814
Julia.Reed@leg.wa.gov
Representative Janice Zahn
Democrat
(360) 786-7894
Janice.Zahn@leg.wa.gov
Representative Tarra Simmons
Democrat
(360) 786-7934
Tarra.Simmons@leg.wa.gov
Representative Sharon Tomiko Santos
Democrat
(360) 786-7944
sharontomiko.santos@leg.wa.gov
Representative Melanie Morgan
Democrat
(360) 786-7906
melanie.morgan@leg.wa.gov
Representative Kristine Reeves
Democrat
(360) 786-7830
kristine.reeves@leg.wa.gov
Representative Jenny Graham
Republican
(360) 786-7962
jenny.graham@leg.wa.gov
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp
