69.50.525  <<  69.50.530 >>   69.50.535

Dedicated cannabis account (as amended by 2022 c 16).

The dedicated ((marijuana))cannabis account is created in the state treasury. All moneys received by the ((state liquor and cannabis)) board, or any employee thereof, from ((marijuana-related))cannabis-related activities must be deposited in the account. Unless otherwise provided in chapter 4, Laws of 2015 2nd sp. sess., all ((marijuana))cannabis excise taxes collected from sales of ((marijuana))cannabis, useable ((marijuana, marijuana))cannabis, cannabis concentrates, and ((marijuana-infused))cannabis-infused products under RCW 69.50.535, and the license fees, penalties, and forfeitures derived under this chapter from ((marijuana))cannabis producer, ((marijuana))cannabis processor, ((marijuana))cannabis researcher, and ((marijuana))cannabis retailer licenses, must be deposited in the account. Moneys in the account may only be spent after appropriation. During the 2015-2017 and 2017-2019 fiscal biennia, the legislature may transfer from the dedicated ((marijuana))cannabis account to the basic health plan trust account such amounts as reflect the excess fund balance of the account.
[ 2022 c 16 § 100; 2018 c 299 § 909; 2016 sp.s. c 36 § 942; 2015 2nd sp.s. c 4 § 1101; 2013 c 3 § 26 (Initiative Measure No. 502, approved November 6, 2012).]

NOTES:

IntentFinding2022 c 16: See note following RCW 69.50.101.

Dedicated cannabis account (as amended by 2022 c 169).

The dedicated ((marijuana))cannabis account is created in the state treasury. All moneys received by the ((state liquor and cannabis)) board, or any employee thereof, from marijuana-related activities must be deposited in the account. Unless otherwise provided in chapter 4, Laws of 2015 2nd sp. sess., all marijuana excise taxes collected from sales of marijuana, useable marijuana, marijuana concentrates, and marijuana-infused products under RCW 69.50.535, and the license fees, penalties, and forfeitures derived under this chapter from marijuana producer, marijuana processor, marijuana researcher, and marijuana retailer licenses, must be deposited in the account. Moneys in the account may only be spent after appropriation. ((During the 2015-2017 and 2017-2019 fiscal biennia, the legislature may transfer from the dedicated marijuana account to the basic health plan trust account such amounts as reflect the excess fund balance of the account.))
[ 2022 c 169 § 1; 2018 c 299 § 909; 2016 sp.s. c 36 § 942; 2015 2nd sp.s. c 4 § 1101; 2013 c 3 § 26 (Initiative Measure No. 502, approved November 6, 2012).]

NOTES:

Reviser's note: RCW 69.50.530 was amended twice during the 2022 legislative session, each without reference to the other. For rule of construction concerning sections amended more than once during the same legislative session, see RCW 1.12.025.
Effective date2018 c 299: See note following RCW 43.41.433.
Effective date2016 sp.s. c 36: See note following RCW 18.20.430.
FindingsIntentEffective dates2015 2nd sp.s. c 4: See notes following RCW 69.50.334.
Intent2013 c 3 (Initiative Measure No. 502): See note following RCW 69.50.101.
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