Washington House Passes Modest Marijuana Tax Reduction Bill
OLYMPIA, WA — The Washington House on Friday passed a measure that makes several changes to the state’s new recreational marijuana market, including eliminating the three-tier tax structure and replacing it with a single excise tax of 37% at the point of sale. The current three-tier tax structure adds up to an effective tax of 44%.
House Bill 2136 passed the House on a 59-38 vote and now heads to the Senate for consideration. An amendment that passed Friday removed language from the original bill that would have only allowed local bans on licensed marijuana businesses if approved by the jurisdiction’s voters.
To encourage more cities and counties to allow marijuana businesses, the bill directs the state to share pot revenue with jurisdictions that do so. It would also allow…
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