10 Year Analysis Complete for House Bill 1932
Office of the Governor / Office of Financial Management sent this bulletin at 02/24/2025 08:22 PM PST
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UPDATE: The 10 year analysis for HB 1932, titled AN ACT Relating to authorizing the consumption of cannabis in regulated environments while including protections for public health and safety, has been completed. 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 consumption event organizer license - application fee |
Cannabis consumption event organizer license - renewal fee |
Master license fee |
Total |
|
|
|
|||||
|
2026 |
$250,000 |
$100,000 |
$25,000 |
$375,000 |
|
|
2027 |
$0 |
$100,000 |
$3,000 |
$103,000 |
|
|
2028 |
$0 |
$100,000 |
$3,000 |
$103,000 |
|
|
2029 |
$0 |
$100,000 |
$3,000 |
$103,000 |
|
|
2030 |
$0 |
$100,000 |
$3,000 |
$103,000 |
|
|
2031 |
$0 |
$100,000 |
$3,000 |
$103,000 |
|
|
2032 |
$0 |
$100,000 |
$3,000 |
$103,000 |
|
|
2033 |
$0 |
$100,000 |
$3,000 |
$103,000 |
|
|
2034 |
$0 |
$100,000 |
$3,000 |
$103,000 |
|
|
2035 |
$0 |
$100,000 |
$3,000 |
$103,000 |
|
|
|
|||||
|
Total: |
$250,000 |
$1,000,000 |
$52,000 |
$1,302,000 |
|
Liquor and Cannabis Board:
Section 2(1) creates a new cannabis consumption event organizer license which authorizes the holder to organize and conduct consumption events at specified locations on specified dates and times approved by the board at which adults age 21 and over may purchase single-use cannabis products and ready-to-consume cannabis products. The application fee is $500. Annual license renewal is $200.
The agency estimates 500 new cannabis consumption event organizer licenses.
Application fee (assumes all in FY26) - $500 x 500 = $250,000
Annual fee - $200 x 500 = $100,000 per year.
****
Section 2(5) The licensee must have a temporary on-site consumption event permit issued by the board in advance of each consumption event. The board may by rule establish the fee for a temporary on-site consumption event permit under this subsection, provided the fee may not exceed $500 per event. The event fee under this subsection (5)(a) for a licensee who obtained a license through the cannabis social equity program is waived through July 1, 2032.
Because this fee is not specified in the bill but may be established by rule, the estimate for this portion is INDETERMINATE.
****
Section 3(1a) For employees of a cannabis consumption event organizer licensed under section 2 of this act, or employees of licensed cannabis producers, processors, or retailers authorized to participate in a consumption event under section 2 of this act, who perform work involving sale or service of single-use cannabis products to the public, or preparation, sale, or service of ready-to-consume cannabis products to the public, the employee must obtain a valid budtender permit before conducting such activities and working at a consumption event. The board must establish the elements of a budtender permit program, including permit fees, by rule.
Because this fee is not specified in the bill but may be established by rule, the estimate for this portion is INDETERMINATE.
Ten-year projection prepared in consultation with the following agencies:
Department of Revenue
Liquor and Cannabis Board
Bill sponsors and contact information:
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp