Notice of Introduction for House Bill 2087 - Update: 10 Year Analysis Complete

Office of Financial Management

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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
Year

   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