2014 General Election ballot fiscal information
As required by RCW 29A.72.025, the Office of Financial Management (OFM) has prepared the fiscal impact statements for initiatives certified by the Secretary of State to appear on the November General Election ballot.
Fiscal impact statements
- Initiative 591 – Concerns firearms
- Initiative 594 – Concerns background checks for firearm sales and transfers
- Initiative 1351 – Concerns K-12 education [Updated Oct. 30, 2014]
- Original fiscal note for I-594
- Updated fiscal note from the Department of Licensing for I-594 [Updated Oct. 17, 2014]
- March 2011 Special Notice from the Department of Revenue for transfers of firearms between states
As required by RCW 43.135.041, two bills approved by the 2014 Legislature will appear on the General Election ballot as Advisory Votes to the People. Additionally, as required by RCW 43.135.031, OFM prepared and distributed a 10-year cost projection notice for each of these bills. Below are the notices.
10-year cost projection notices
- Advisory Vote No. 8 – 10-year cost projection notice for Senate Bill 6505
- Advisory Vote No. 9 – 10-year cost projection notice for Engrossed Substitute House Bill 1287
The difference between 10-year cost projections and fiscal notes
- A 10-year cost projection provides the cost estimate of a bill over a 10-year period. Cost estimates for each year are reported separately and include only tax or fee increases.
- A fiscal note provides the cost estimate of a bill over 6 years, grouped in 2-year periods. A fiscal note includes other information about the bill that is not included in the 10-year cost projection.