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AZ SCR1047
Concurrent Resolution
Status
2/5/2026
Primary Sponsor
Kevin Payne
Click for details
AI Summary
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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
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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
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Allows enforcement actions including revocation of marijuana establishment licenses and denial or revocation of marijuana facility agent cards
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Specifically protects social equity ownership program license holders from exploitative arrangements that transfer their ownership, voting rights, or operational control
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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