Allows counties and cities in Washington to impose a local excise tax on cannabis sales.
The bill allows counties and cities in Washington to impose an excise tax of up to two percent on the retail sale of cannabis products. The tax can only be imposed by ordinance and requires a majority vote from the voters. The tax can apply for up to seven consecutive years and can be reimposed for additional periods. If imposed by a county, 15 percent of the tax revenue goes to the county and the rest to the cities within the county. If imposed by a city, 15 percent goes to the county and the rest to the city.
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