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AR SB479
Bill
Status
4/11/2023
Primary Sponsor
Jonathan Dismang
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AI Summary
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Amends Arkansas Code § 19-5-202(b)(2)(B)(v) to redirect medical marijuana tax distributions from the General Revenue Fund Account.
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Transfers revenues from sales tax and special privilege tax on medical marijuana (under Arkansas Constitution Amendment 98) to a Restricted Reserve Fund instead of the University of Arkansas for Medical Sciences National Cancer Institute Designation Trust Fund.
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Designates the Restricted Reserve Fund to be used specifically to address food insecurity and health needs.
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Bill was approved on April 11, 2023.
Legislative Description
To Amend The Distributions From The General Revenue Fund Account; And To Transfer Revenues To The Restricted Reserve Fund To Be Used To Address Food Insecurity And Health Needs.
Last Action
Notification that SB479 is now Act 657
4/11/2023