The bill mandates the Washington State Department of Revenue to conduct a comprehensive study on the state's alcohol taxation and fee system, focusing on taxes and fees that are determined by sales price, sales volume, or alcohol content. The study will encompass various aspects, including the types of applicable state taxes and fees for spirits, beer, and wine, historical and current tax rates, annual sales data, and revenue generated from these taxes and fees over the past 25 years. Additionally, the report will analyze alcohol sales and tax revenues in other states and countries, considering different taxation methods and sales regulations.

The final report is required to be submitted to the relevant legislative committees by December 31, 2025, and the Liquor and Cannabis Board is tasked with cooperating with the Department of Revenue to provide necessary data for the study. This new section of the law will expire on January 1, 2026.