Notice of Introduction for House Bill 2193 - Update: 10 Year Analysis Complete

Office of Financial Management

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UPDATE: The 10 year analysis for HB 2193, titled AN ACT Relating to the mortgage lending fraud prosecution account, 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

   Mortgage Loan Fraud Prosecution Account Recording Fee

 

2026

$0

2027

$1,051,620

2028

$1,247,100

2029

$1,265,655

2030

$1,275,760

2031

$1,275,760

2032

$1,275,760

2033

$1,275,760

2034

$1,275,760

2035

$1,275,760

 

Total:

$11,218,935


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

Dept of Financial Institutions
Department of Commerce


Bill sponsors and contact information:

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

Representative Mari Leavitt
Democrat
(360) 786-7890
mari.leavitt@leg.wa.gov

Representative Shelley Kloba
Democrat
(360) 786-7900
shelley.kloba@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 Brianna Thomas
Democrat
(360) 786-7978
THOMAS_BR@leg.wa.gov

Representative Kristine Reeves
Democrat
(360) 786-7830
kristine.reeves@leg.wa.gov

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

Representative Natasha Hill
Democrat
(360) 786-7888
Natasha.Hill@leg.wa.gov




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

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