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AR HB1841
Bill
Status
10/15/2021
Primary Sponsor
Lee Johnson
Click for details
AI Summary
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Amends Arkansas Code § 19-5-202(b)(2)(B)(v) to modify how medical marijuana tax revenues are distributed from the General Revenue Fund Account
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Directs the Secretary of Finance and Administration to certify monthly amounts distributed to the General Revenue Fund Account from sales tax and special privilege tax on medical marijuana under Arkansas Constitution Amendment 98
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Requires the Treasurer of State to transfer the first $18,000,000 of certified medical marijuana tax revenues to the University of Arkansas for Medical Sciences National Cancer Institute Designation Trust Fund
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Directs remaining medical marijuana tax revenues after the $18 million transfer to the Graduate Medical Education Fund
Legislative Description
To Amend The Law Concerning Distributions From The General Revenue Fund Account; And To Provide For A Transfer From The General Revenue Fund Account To The Graduate Medical Education Fund.
Last Action
Died in House Committee at Sine Die Adjournment
10/15/2021