Notice of Completion: The 10 Year Analysis for Substitute House Bill 1710 is Complete
Office of the Governor / Office of Financial Management sent this bulletin at 03/24/2022 02:42 PM PDT
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SHB 1710, titled AN ACT Relating to establishing a Washington state cannabis commission, has been introduced in the House of Representatives. The Office of Financial Management has identified this bill as requiring a ten-year projection of increased
cost to the taxpayers or affected fee payers.
Ten-year projection:
|
Fiscal |
Cannabis commission producer assessment fee |
Cannabis commission producer/processor assessment fee |
Total |
|
|
|
||||
|
2022 |
$0 |
$0 |
$0 |
|
|
2023 |
$15,467 |
$692,133 |
$707,600 |
|
|
2024 |
$23,200 |
$1,038,200 |
$1,061,400 |
|
|
2025 |
$23,200 |
$1,038,200 |
$1,061,400 |
|
|
2026 |
$23,200 |
$1,038,200 |
$1,061,400 |
|
|
2027 |
$23,200 |
$1,038,200 |
$1,061,400 |
|
|
2028 |
$23,200 |
$1,038,200 |
$1,061,400 |
|
|
2029 |
$23,200 |
$1,038,200 |
$1,061,400 |
|
|
2030 |
$23,200 |
$1,038,200 |
$1,061,400 |
|
|
2031 |
$23,200 |
$1,038,200 |
$1,061,400 |
|
|
|
||||
|
Total: |
$201,067 |
$8,997,733 |
$9,198,800 |
|
Department of Agriculture:
If the cannabis commission is established, and RCW 43.23.033 is amended to include the cannabis commission, the commission will be billed for its share in support of the one-half FTE. This amount is indeterminate at this time as it is dependent upon the amount the cannabis commission receives in assessments along with the other 21 agricultural commodity commissions. The assessment amount and volume of cannabis produced is unknown. It is anticipated that the commission will provide its share of the one-half FTE in FY 2023. If RCW 43.23.033 is not amended to include the cannabis commission in the one-half FTE support, the department will enter into an interagency agreement with the cannabis commission that reflects the services the department will provide to the cannabis commission and how it will be reimbursed.
Ten-year projection prepared in consultation with the following agencies:
Liquor and Cannabis Board
Department of Agriculture
The substitute bill was proposed by:
House Committee on Commerce & Gaming
The original bill sponsors and contact information are:
Representative Sharon Shewmake, Prime Sponsor
Democrat
(360) 746-6939
sharon.shewmake@leg.wa.gov
Representative Alex Ramel
Democrat
(360) 786-7970
alex.ramel@leg.wa.gov
Representative Kirsten Harris-Talley
Democrat
(206) 971-1222
Kirsten.Harris-Talley@leg.wa.gov
Representative Shelley Kloba
Democrat
(564) 888-2377
shelley.kloba@leg.wa.gov
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp