Increasing cannabis revenue distributions to local governments.

SB 5547 increases funding for local governments by redirecting cannabis tax revenue. It allocates 1.5% of cannabis tax revenue to cities and towns where licensed retailers operate (based on their proportional revenue share) and 3.5% to counties and cities/towns ratably by population (with eligibility requiring no bans on cannabis businesses). These distributions replace previous formulas and require annual reporting by the state board. The bill directly affects municipalities with cannabis retailers and those meeting siting criteria, without creating new taxes.