Bill > HB1704

This bill modifies the distribution of cannabis revenue in Washington State, primarily increasing the percentage of funds allocated to local governments. Specifically, the bill changes the revenue allocation from cannabis taxes to provide more money directly to cities and towns. It increases the percentage of funds going to jurisdictions with licensed cannabis retailers from 1.5% to 7%, allowing these local governments to receive a proportional share based on the taxes generated by cannabis retailers in their area. Additionally, the bill raises the percentage of funds distributed to cities and towns on a per capita basis from 3.5% to 10%, with counties receiving 60% of this distribution. The bill maintains existing requirements that jurisdictions cannot prohibit licensed cannabis businesses to receive these funds. Other provisions include continuing various appropriations for specific state programs, such as public health education, substance abuse prevention, research, and administrative costs related to cannabis regulation. The bill aims to provide more direct financial benefits to local governments that have cannabis retailers within their jurisdictions.

Budget and Finance

https://app.leg.wa.gov/billsummary?BillNumber=1704&Year=2025&Initiative=false