Notice of Introduction for Senate Bill 5921 - 10 Year Analysis Complete
Office of the Governor / Office of Financial Management sent this bulletin at 02/05/2026 04:33 PM PST
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UPDATE: The 10 year analysis for SB 5921, titled AN ACT Relating to psilocybin, 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 |
Fingerprint Identification |
General Fund Local Clinicians License |
General Fund Local Producers License |
Health Professions Drug Distributor License |
Health Professions Drug Manufacturer License |
Total |
|
|
|
|||||||
|
2026 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
|
|
2027 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
|
|
2028 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
|
|
2029 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
|
|
2030 |
$6,095 |
$265,000 |
$80,000 |
$2,000 |
$11,000 |
$364,095 |
|
|
2031 |
$299 |
$212,000 |
$80,000 |
$2,000 |
$11,000 |
$305,299 |
|
|
2032 |
$299 |
$212,000 |
$80,000 |
$2,000 |
$11,000 |
$305,299 |
|
|
2033 |
$299 |
$212,000 |
$80,000 |
$2,000 |
$11,000 |
$305,299 |
|
|
2034 |
$299 |
$212,000 |
$80,000 |
$2,000 |
$11,000 |
$305,299 |
|
|
2035 |
$299 |
$212,000 |
$80,000 |
$2,000 |
$11,000 |
$305,299 |
|
|
|
|||||||
|
Total: |
$7,590 |
$1,325,000 |
$480,000 |
$12,000 |
$66,000 |
$1,890,590 |
|
Ten-year projection prepared in consultation with the following agencies:
Washington State Patrol
Department of Health
Bill sponsors and contact information:
Senator Jesse Salomon, Prime Sponsor
Democrat
(360) 786-7662
jesse.salomon@leg.wa.gov
Senator Liz Lovelett
Democrat
(360) 786-7678
liz.lovelett@leg.wa.gov
Senator T'wina Nobles
Democrat
(360) 786-7654
T'wina.Nobles@leg.wa.gov
Senator Marcus Riccelli
Democrat
(360) 786-7604
marcus.riccelli@leg.wa.gov
Senator Rebecca Saldaña
Democrat
(360) 786-7688
rebecca.saldana@leg.wa.gov
Senator Sharon Shewmake
Democrat
(360) 786-7682
sharon.shewmake@leg.wa.gov
Senator Vandana Slatter
Democrat
(360) 786-7694
vandana.slatter@leg.wa.gov
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp