Notice of Introduction for House Bill 2483 - Update: 10 Year Analysis Complete

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UPDATE: The 10 year analysis for HB 2483, titled AN ACT Relating to creating a data broker registry, 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
2026		$0
2027		$619,000
2028		$808,000
2029		$809,000
2030		$652,000
2031		$652,000
2032		$652,000
2033		$652,000
2034		$652,000
2035		$652,000
Total:		$6,148,000

Department of Licensing:

Per RCW 43.24.086, industry licensing fees must fund the cost of administering professional and business licensing programs. Fee increases drive cash receipt to satisfy this requirement.

Beginning January 1, 2027, this bill would create a data broker registry that requires data brokers who engage in data brokering to register annually, on or before January 1st following a year in which the business entity meets the definition of "data broker" as defined by the bill. Data brokers required to register must pay a fee to the department, and the amount of such fee will be set by the department and be sufficient to pay the costs of administering the registration program. Any fees or fines imposed by this bill would be deposited in the Business Professions Account (06L). 

Cash receipts are indeterminate due to unknown quantity of data brokers who would fail to register with DOL and incur a daily fine of $1,000.

Startup costs are paid with General Fund until the profession has the opportunity for licenses to be implemented for sufficient time to recuperate the actual start up expenditures. After such time, a revenue transfer will be conducted to pay back the General Fund and maintain self-sufficiency as required.  

It is assumed that once licenses are available, license fees will be set at a rate sufficient to maintain operations costs and build a fund balance sufficient to repay the General Fund by fiscal year 2029. This is shown in fiscal year 2029 as a decrease in revenue for the Business and Professions Account (06L) and an increase in revenue for the General Fund (001) one-time in the amount of $370,000.

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

Department of Licensing


Bill sponsors and contact information:

Representative Shelley Kloba, Prime Sponsor
Democrat
(360) 786-7900
shelley.kloba@leg.wa.gov

Representative Brandy Donaghy
Democrat
(360) 786-7804
Brandy.Donaghy@leg.wa.gov

Representative Mary Fosse
Democrat
(360) 786-7864
Mary.Fosse@leg.wa.gov

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

Representative Janice Zahn
Democrat
(360) 786-7894
Janice.Zahn@leg.wa.gov

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

Representative Darya Farivar
Democrat
(360) 786-7818
Darya.Farivar@leg.wa.gov

Representative Alex Ramel
Democrat
(360) 786-7970
alex.ramel@leg.wa.gov

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

Representative Dan Bronoske
Democrat
(360) 786-7958
Dan.Bronoske@leg.wa.gov

Representative Julio Cortes
Democrat
(360) 786-7840
Julio.Cortes@leg.wa.gov

Representative Edwin Obras
Democrat
(360) 786-7834
Edwin.Obras@leg.wa.gov

Representative Gerry Pollet
Democrat
(360) 786-7886
gerry.pollet@leg.wa.gov

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

Representative Greg Nance
Democrat
(360) 786-7842
Greg.Nance@leg.wa.gov

Representative Brianna Thomas
Democrat
(360) 786-7978
THOMAS_BR@leg.wa.gov

Representative Lisa Callan
Democrat
(360) 786-7876
lisa.callan@leg.wa.gov




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

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