How $1 billion in pot taxes gets spent in Washington state

Here’s a more detailed look at the money Washington state collects in marijuana revenues and how the money is currently slated to be spent, according to the state Office of Financial Management. Legislators may make some adjustments to these allotments as they finalize the state’s new 2021-23 budget later this spring.
 

Health care: $590.3 million
Basic Health Plan Trust Account: $490.4 million 

The largest single allocation of pot revenue goes to the state’s Basic Health Plan Trust Account, which is set to receive nearly half the state’s pot revenues over the next two years. That money provides health care for low-income individuals and people who lack health insurance coverage. 

It’s the

→ Continue reading at Crosscut

Similar Articles

Advertisment

Most Popular