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Published on Friday, January 23, 2015

Reinstating city liquor revenue

This week AWC’s priority bill to reinstate the historic liquor profit sharing formula between the state, counties, and cities was introduced (HB 1517). AWC is very appreciative of the bi-partisan group of 23 legislators who are sponsoring this bill, including its prime sponsors, Rep. Chris Reykdahl (D-Tumwater) and Rep. Ed Orcutt (R-Kalama).

Currently, city and county distributions from the liquor revolving fund are capped at $49.4 million annually. This bill restores distributions to 50% to the state, 40% to cities, and 10% to counties and would provide cities with an estimated $20 million in additional revenue in the state’s 2015-17 biennium and $27 million in the 2017-19 biennium.

More information about the bill is available in AWC’s Maintain & Restore Shared Revenue fact sheet.

Categories: Budget & finance