Notice of Introduction for House Bill 2681 - 10 Year Analysis Complete
Office of the Governor / Office of Financial Management sent this bulletin at 02/05/2026 03:52 PM PST
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HB 2681, titled AN ACT Relating to cannabis producer, processor, and retailer license fees, 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 License Fees |
|
|
|
||
|
2026 |
$0 |
|
|
2027 |
$866,000 |
|
|
2028 |
$958,630 |
|
|
2029 |
$1,049,225 |
|
|
2030 |
$1,138,127 |
|
|
2031 |
$1,231,398 |
|
|
2032 |
$1,328,487 |
|
|
2033 |
$1,427,809 |
|
|
2034 |
$1,529,415 |
|
|
2035 |
$1,633,359 |
|
|
|
||
|
Total: |
$11,162,450 |
|
Ten-year projection prepared in consultation with the following agencies:
Liquor and Cannabis Board
Bill sponsors and contact information:
Representative Timm Ormsby, Prime Sponsor
Democrat
(360) 786-7946
timm.ormsby@leg.wa.gov
Legislative Bill Information Website:
http://apps.leg.wa.gov/billinfo/
Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp