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 the sales price, sales volume, or alcohol content of products. The study will culminate in a final report that includes detailed information on various state taxes and fees applicable to spirits, beer, and wine, as well as historical data on tax rates, sales volumes, and revenue generated 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 bill also requires the Liquor and Cannabis Board to assist the Department of Revenue by providing relevant data for the study. The final report is due to the relevant legislative committees by December 31, 2025, and the section of the bill will expire on January 1, 2026.