Notice of Introduction for Senate Bill 5377 - 10 Year Analysis Complete

You are receiving this email as a subscriber to the Initiative 960 email list. RCW 43.135.031 (I-960) requires that notices be sent each time a bill that raises taxes or fees is: introduced in either house; scheduled for a public hearing; approved by any legislative committee; or passed by either house of the Legislature.

Please note: This email message was sent from a notification-only address. Please do not reply to this message.

SB 5377, titled AN ACT Relating to cannabis license ownership, has been introduced in the Senate. 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:

Liquor and Cannabis Board:

The Washington State Liquor and Cannabis Board ("Board") may impose additional licensing fees to recover additional costs incurred in investigating a nonresident required to be investigated under this legislation.  However, it is unknown what, if any fees, that the Board may impose.  Therefore, the estimate of receipts is indeterminate.

Ten-year projection prepared in consultation with the following agencies:

Liquor and Cannabis Board


Bill sponsors and contact information:

Senator Ann Rivers, Prime Sponsor
Republican
(360) 786-7634
ann.rivers@leg.wa.gov

Senator Derek Stanford
Democrat
(360) 786-7600
derek.stanford@leg.wa.gov

Senator Mark Mullet
Democrat
(360) 786-7608
mark.mullet@leg.wa.gov

Senator Drew MacEwen
Republican
(360) 786-7668
drew.macewen@leg.wa.gov




Legislative Bill Information Website: http://apps.leg.wa.gov/billinfo/

Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp