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Published on Friday, February 17, 2017

Bill crafted to increase cities share of marijuana excise taxes

HB 2076 would increase the amount that would be distributed to cities and counties. The bill was introduced by Rep. Condotta (R – Wenatchee) and enjoys bi-partisan support. Marijuana excise tax is collected by the state and a portion is then distributed among various recipients, including cities and counties. Currently, the total amount distributed to local governments is capped at $15 million per year in fiscal years 2018 and 2019, and $20 million in years thereafter. The bill would increase the amount of the annual cap to $20 million in 2018, $30 million in 2019, and $40 million thereafter. AWC is supportive of this legislation and other measures to better share revenue from marijuana legalization.

You can check out how much the Liquor and Cannabis Board has allotted your city for fiscal year 2017 by clicking here.

Categories: Marijuana