Multiple Agency Fiscal Note Summary: HB 2103 Large Port Districts

This is a fiscal note summary for Washington State House Bill 2103, concerning large port districts. It estimates that local governments would face operating expenditures of approximately $100.5 million per biennium across 2023-29, along with declining cash receipt reductions to local governments ranging from $867,000 in 2023-25 to over $8.5 million in 2027-29. The Office of State Treasurer notes non-zero but indeterminate financial impacts, while the Department of Commerce's fiscal note was not available at the time of the preliminary publication on January 16, 2024.

Notes

Multiple Agency Fiscal Note Summary for Washington State House Bill 2103 (HB2103), titled ‘Large port districts,’ prepared by OFM analyst Myra Baldini, published as preliminary on January 16, 2024 (FNPID 69099). Documents estimated cash receipts showing Local Gov. Other reductions of ($867,000) in 2023-25, ($4,528,529) in 2025-27, and ($8,502,894) in 2027-29. Estimated operating expenditures for Local Gov. Other total $100,500,000 per biennium across all three periods, with additional indeterminate costs noted. Office of State Treasurer reports non-zero but indeterminate cash receipt impacts. Department of Commerce fiscal note not available. Department of Ecology and Office of State Treasurer show zero operating and capital expenditures. Includes individual state agency fiscal note for Agency 090-Office of State Treasurer, signed by Dan Mason and reviewed by Amy Hatfield.

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