2016 general election ballot fiscal information
As required by RCW 29A.72.025, the Office of Financial Management 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 732 – Concerns taxes.
- Initiative 735 – Concerns a proposed amendment to the federal constitution.
- Initiative 1433 – Concerns labor standards.
- Initiative 1464 – Concerns campaign finance laws and lobbyists.
- Initiative 1491 – Concerns court-issued extreme risk protection orders temporarily preventing access to firearms.
- Initiative 1501 – Concerns seniors and vulnerable individuals.
As required by RCW 43.135.041, two bills approved by the 2016 Legislature will appear on the general election ballot as Advisory Votes to the People. OFM prepared and distributed a 10-year cost projection notice for each of these bills, as required by RCW 43.135.031.
10-year cost projection notices
- Advisory Vote No. 14 – 10-year cost projection notice for [HB 2768]
- Advisory Vote No. 15 – 10-year cost projection notice for [HB 2778]
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 six years, grouped in two-year periods. A fiscal note includes other information about the bill not included in the 10-year cost projection.