Establishing an excise tax on specified sales of cannabis; providing for the distribution of cannabis excise tax revenues; establishing specified excise tax rates on the sale of cannabis; excluding specified sales of cannabis from the excise tax; requiring the State Comptroller to administer the cannabis excise tax and adopt specified regulations; establishing the Cannabis Tax Distribution Fund as a special, nonlapsing fund to provide supplemental funding for specified programs and purposes; etc.
Bill File Type: Regular
Effective Date(s): October 1, 2017
Bill imposes a mandated appropriation in the annual State Budget Bill
Contingency - on enactment of another bill
( 12.5-101 through 12.5-401, 2-1701, 2-1702 )
Last Updated: 2/3/2020 2:35 PM