Notice of Introduction for House Bill 2708 - Update: 10 Year Analysis Complete

Office of Financial Management

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UPDATE: The 10 year analysis for HB 2708, titled AN ACT Relating to removing a tax exemption for the replacement of equipment for data centers, 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

   Retail sales tax

 

2026

$0

2027

$63,100,000

2028

$70,900,000

2029

$73,000,000

2030

$75,200,000

2031

$79,688,000

2032

$81,988,000

2033

$84,845,000

2034

$87,345,000

2035

$90,303,000

 

Total:

$706,369,000


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

Department of Revenue
Department of Commerce


Bill sponsors and contact information:

Representative April Berg, Prime Sponsor
Democrat
(360) 786-7892
April.Berg@leg.wa.gov

Representative Chipalo Street
Democrat
(360) 786-7838
Chipalo.Street@leg.wa.gov

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

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

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

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

Representative Timm Ormsby
Democrat
(360) 786-7946
timm.ormsby@leg.wa.gov




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

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