Notice of Introduction for House Bill 2745 - Update: 10 Year Analysis Complete
Office of the Governor / Office of Financial Management sent this bulletin at 03/16/2026 05:26 PM PDTYou are receiving this email as a subscriber to the Initiative 960 email list. RCW 43.135.031 (I-960) requires that notices be sent each time a
bill that raises taxes or fees is: introduced in either house; scheduled for a public hearing; approved by any legislative committee; or passed by either house of the Legislature.
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UPDATE: The 10 year analysis for HB 2745, titled AN ACT Relating to temporarily increasing insurance premium taxes on insurers to fund health insurance premium assistance, 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 |
Premium Tax |
|
|
|
||
|
2026 |
$0 |
|
|
2027 |
$357,063,063 |
|
|
2028 |
$0 |
|
|
2029 |
$0 |
|
|
2030 |
$0 |
|
|
2031 |
$0 |
|
|
2032 |
$0 |
|
|
2033 |
$0 |
|
|
2034 |
$0 |
|
|
2035 |
$0 |
|
|
|
||
|
Total: |
$357,063,063 |
|
Ten-year projection prepared in consultation with the following agencies:
Office of Insurance Commissioner
Bill sponsors and contact information:
Representative Lisa Parshley, Prime Sponsor
Democrat
(360) 786-7992
Lisa.Parshley@leg.wa.gov
Representative Nicole Macri
Democrat
(360) 786-7826
nicole.macri@leg.wa.gov
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp
