BILL · 2019–20 SESSION
HB 1963: Marijuana financial arrange.
Concerning financial arrangements regarding licensed marijuana businesses.
Summary
- Provides that an employee of a licensed marijuana business whose compensation includes base pay plus a commission is not considered an applicant, owner, or true party of interest of the licensee solely due to the commission-based compensation agreement.
- Establishes there is no limit on the amount or value of commission an employee of a licensed marijuana business may receive under an employment agreement, while specifying this does not authorize employees to own licensed businesses unless qualified as a license applicant.
- Authorizes the Liquor and Cannabis Board (LCB) to require a financial investigation and criminal history record check of financiers of marijuana licensees, but their spouses are not subject to these requirements solely due to being the financier's spouse.
- Amends the 2017 law regarding disclosure of marijuana business licensing and consulting contracts with other parties related to trademarks and proprietary information, to specify which types of these contracts are subject to LCB approval.
From the House Bill Report (HB 1963), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedFeb 8, 2019
- Out of committeestopped here
- Passed House
- Passed Senate
- Governor
- Law
- Prime sponsor
- Drew MacEwen (R-35)
- Introduced
- February 8, 2019 in the House
- Last action
- January 13, 2020
- Budget
- Has a fiscal note
AN ACT Relating to financial arrangements regarding licensed marijuana businesses;
Sponsors
Prime sponsor: Drew MacEwen (R-35)
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- By resolution, reintroduced and retained in present status.
- Referred to Appropriations.
- COG - Majority; do pass.
- First reading, referred to Commerce & Gaming.
HB 1963 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- HB 1963 (2025–26) Media literacy & civic ed.
- HB 1963 (2023–24) License plate covers
- HB 1963 (2021–22) WSDOT employees/COVID-19
- HB 1963 (2017–18) Electric meter-based perf.
- HB 1963 (2015–16) Ecology & DFW, land use
- HB 1963 (2013–14) Detention standards
- HB 1963 (2011–12) Civil marriage equality
- HB 1963 (2009–10) Housing self-sufficiency