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AZ SCR1047

Concurrent Resolution

Status

Introduced

2/5/2026

Primary Sponsor

Kevin Payne

Click for details

Origin

Senate

Fifty-seventh Legislature - Second Regular Session (2026)

AI Summary

  • Authorizes the Arizona Attorney General to investigate and take legal action against marijuana facility agents who enter into predatory agreements or fraudulently acquire marijuana establishment licenses

  • Defines "predatory agreement" as any agreement signed before or within 18 months after a social equity marijuana license was issued that required the original owner (holding at least 51% ownership) to give up control for less than fair market value or under unconscionable terms

  • Allows enforcement actions including revocation of marijuana establishment licenses and denial or revocation of marijuana facility agent cards

  • Specifically protects social equity ownership program license holders from exploitative arrangements that transfer their ownership, voting rights, or operational control

  • Requires submission to Arizona voters at the next general election for approval as a ballot measure

Legislative Description

Predatory agreement; marijuana establishment license

Qualifications

Last Action

Senate motion to reconsider third reading

3/11/2026

Committee Referrals

Rules2/5/2026
Public Safety2/5/2026

Full Bill Text

No bill text available