HB469 Summary

• Proposes a constitutional amendment to impose a 15 percent sales tax on all medical cannabis products sold at retail in Cullman County, effective the first day of the second month after ratification.

• Applies existing state sales and use tax statutes to the collection, payment, assessment, and administration of the new tax, with the Cullman County Commission determining collection method.

• Distributes collected revenue with 67 percent to the District Attorney of the Thirty-second Judicial Circuit for personnel purposes and 33 percent to the Cullman County Legislative Delegation for mental health issues.

• Defines "medical cannabis product" as any product lawfully sold in a dispensary licensed by the Alabama Medical Cannabis Commission.

• Requires a voter election on the proposed amendment conducted according to Sections 284 and 284.01 of the Alabama Constitution and state election laws.