Notice of Introduction for Senate Bill 5456
Office of the Governor / Office of Financial Management sent this bulletin at 01/28/2025 04:23 PM PSTYou 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 5456, titled AN ACT Relating to removing barriers to the responsible growth of Washington's cannabis industry by removing restrictions on investing in Washington cannabis businesses, modifying which owners must qualify for and be named on a cannabis
license, authorizing additional fees, and providing for the suspension of inactive cannabis producer licenses, 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:
The ten-year projection is not yet complete. It will be sent as soon as it is available.
Bill sponsors and contact information:
Senator Derek Stanford, Prime Sponsor
Democrat
(360) 786-7600
derek.stanford@leg.wa.gov
Senator Drew MacEwen
Republican
(360) 786-7668
drew.macewen@leg.wa.gov
Senator T'wina Nobles
Democrat
(360) 786-7654
T'wina.Nobles@leg.wa.gov
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp
