This bill amends RCW 69.50.540 to set specific annual appropriations and to change how remaining cannabis-related revenues are distributed. It lists fixed annual dollar amounts to state agencies and institutions (for example: Liquor and Cannabis Board $12,500,000; Department of Health $11,000,000; Department of Commerce $3,000,000 plus $200,000 for technical assistance; University of Washington and Washington State University research amounts; Office of the Superintendent of Public Instruction $550,000; and other agency allocations including multi-year amounts for the Washington State Patrol, Department of Ecology, and Department of Agriculture). It also provides $200,000 annually to the Health Care Authority until June 30, 2032 to contract with the Washington State Institute for Public Policy, and requires specified appropriations to be adjusted annually based on the BLS consumer price index for the Seattle area. After those specified appropriations are made, the amended section directs the remaining funds to be distributed by percentage: 52 percent to the state basic health plan trust account, 11 percent to the Health Care Authority for specified youth surveys, prevention programs, and community health center contracts, 7 percent to counties, cities, and towns based on the location of licensed cannabis retailers, 10 percent ratably per capita (with counties receiving 60 percent of that 10 percent share), and 20 percent to the state general fund. The Liquor and Cannabis Board must provide the state treasurer by September 15 each year the annual distribution amount for each county and city, and local distributions must be paid in four installments by the last day of each fiscal quarter. The amendment references and interacts with other statutes (including RCW 69.50.535, 69.50.550, 43.330.540, chapter 70.47 RCW, RCW 41.05.220, and chapter 28A.175 RCW) and requires at least annual consultation by the Health Care Authority with University of Washington research groups when selecting prevention programs. The provided material does not include a bill effective date, fiscal note, the full prior statute text, or explanation of how historical fiscal year allocations relate to the current amendments.

If enacted, the bill locks in specific annual dollar appropriations from cannabis-related revenue to a set of state agencies and programs (for example, $12,500,000 to the Liquor and Cannabis Board; $11,000,000 to the Department of Health; $3,000,000 plus $200,000 to the Department of Commerce for social equity grants and mentoring; small annual research and program grants to UW, WSU, and OSPI; and specified amounts to enforcement and lab programs for FY2022–FY2023), requires many of those line items to be inflation-adjusted using the Seattle CPI, and directs how the remaining cannabis revenues are split: 52% to the state basic health plan trust account, 11% to the Health Care Authority for youth surveys, prevention programs, and community health center contracts, 7% to local governments based on retailer location, 10% distributed ratably per capita (counties get 60% of that 10%), and 20% to the state general fund. The board must tell the state treasurer by September 15 each year the amounts due to each county and city, and local distributions must be paid in four quarterly installments; the Health Care Authority also receives $200,000 annually until June 30, 2032 to contract with the Washington State Institute for Public Policy. This creates more predictable, earmarked funding streams for the listed state agencies and programs and guarantees regular quarterly revenue to cities, towns, and counties tied to retailer location and population; the Health Care Authority and the basic health plan trust account become the largest recipients of residual funds. What is unclear from the provided text is the bill’s overall effective date, any fiscal notes or total available revenue assumptions, and whether the FY2022–FY2023 line items are intended only as historical allocations or as ongoing commitments, so actual funding levels and timing will depend on those missing details and on total cannabis tax revenue after the fixed appropriations.