Legislation
- Title
- Excise Tax and Sales Tax - Cannabis
- Sponsored by
- Delegates M. Washington, Luedtke, Anderson, Barron, Ebersole, Gutierrez, Hixson, Korman, Lierman, McCray, McIntosh, A. Miller, Moon, Morales, Platt, Reznik, Robinson, Tarlau, Waldstreicher, A. Washington, and Wilkins
- Status
- In the House - Hearing 3/09 at 1:00 p.m. (Ways and Means)
- Analysis
- Fiscal and Policy Note
Synopsis
Establishing a tax on specified sales of cannabis; providing for the distribution of cannabis tax revenues; establishing specified tax rates on the sale of cannabis; excluding specified sales of cannabis from the tax; requiring cannabis tax revenue to be appropriated in a specified manner; 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.
Committees
Details
Cross-filed with: SB0927
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
History
Toggle History Dropdown
File Code
Toggle Filecode Dropdown
Subjects
Toggle Subjects Dropdown
Statutes
Toggle Statutes Dropdown
(
12.5-101 through 12.5-301, 2-1701, 2-1702 )
Last Updated: 2/3/2020 2:32 PM