Notice of Introduction for Substitute Senate Bill 6231 - 10 Year Analysis Complete

Office of Financial Management

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SSB 6231, titled AN ACT Relating to expiring tax exemptions for data centers, has been introduced in the Senate. 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

$93,290,000

2028

$104,800,000

2029

$109,100,000

2030

$112,300,000

2031

$116,490,000

2032

$119,790,000

2033

$125,040,000

2034

$128,540,000

2035

$134,000,000

 

Total:

$1,043,350,000


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

Department of Revenue
Department of Commerce

The substitute bill was proposed by:

Senate Committee on Ways & Means
(360) 786-7715



The original bill sponsors and contact information are:

Senator Noel Frame, Prime Sponsor
Democrat
(360) 786-7670
noel.frame@leg.wa.gov

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




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

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