Notice of Introduction for Senate Bill 6166 - Update: 10 Year Analysis Complete

Office of Financial Management

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UPDATE: The 10 year analysis for SB 6116, titled AN ACT Relating to restoring funding for cancer research and public health services, 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

   Business and occupation tax

   Other tobacco products tax

   Retail sales tax

   Vapor products tax

Total

 

2026

$0

$0

$0

$0

$0

2027

$100,000

($22,000,000)

$1,202,000

$7,600,000

($13,098,000)

2028

$200,000

($52,800,000)

$2,849,000

$18,400,000

($31,351,000)

2029

$200,000

($52,800,000)

$2,849,000

$18,400,000

($31,351,000)

2030

$200,000

($52,800,000)

$2,849,000

$18,400,000

($31,351,000)

2031

$200,000

($52,800,000)

$2,849,000

$18,400,000

($31,351,000)

2032

$200,000

($52,800,000)

$2,849,000

$18,400,000

($31,351,000)

2033

$200,000

($52,800,000)

$2,849,000

$18,400,000

($31,351,000)

2034

$200,000

($52,800,000)

$2,849,000

$18,400,000

($31,351,000)

2035

$200,000

($52,800,000)

$2,849,000

$18,400,000

($31,351,000)

 

Total:

$1,700,000

($444,400,000)

$23,994,000

$154,800,000

($263,906,000)


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

Department of Revenue


Bill sponsors and contact information:

Senator John Braun, Prime Sponsor
Republican
(360) 786-7638
john.braun@leg.wa.gov

Senator Bob Hasegawa
Democrat
(360) 786-7616
bob.hasegawa@leg.wa.gov

Senator Chris Gildon
Republican
(360) 786-7648
chris.gildon@leg.wa.gov

Senator Curtis King
Republican
(360) 786-7626
curtis.king@leg.wa.gov

Senator T'wina Nobles
Democrat
(360) 786-7654
T'wina.Nobles@leg.wa.gov

Senator Judy Warnick
Republican
(360) 786-7624
judith.warnick@leg.wa.gov

Senator Jeff Wilson
Republican
(360) 786-7636
Jeff.Wilson@leg.wa.gov




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

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