The bill amends RCW 69.50.540 to increase the distribution of cannabis revenue to local governments in Washington State. It specifies annual appropriations for various health and education programs, including $12.5 million for administration, $11 million for public health initiatives related to cannabis and tobacco, and additional funds for social equity grants, research, and educational materials. Notably, the bill introduces a new structure for revenue distribution to counties, cities, and towns where licensed cannabis retailers operate, adjusting the percentages allocated to these jurisdictions over the coming years.

Key changes include an increase in the percentage of revenue distributed to local governments from 1.5% to 2% for fiscal year 2026, with incremental increases up to 4% by fiscal year 2030. Similarly, the per capita distribution will rise from 3.5% to 6% over the same period. Additionally, the bill modifies the percentage allocated to the state general fund, decreasing from 32% to 27% by fiscal year 2030. These adjustments aim to enhance local government funding while ensuring that public health and education initiatives continue to receive necessary support.

Statutes affected:
Original Bill: 69.50.540