Loading chat...
CO SB215
Bill
AI Summary
Senate Bill 14-215 Summary
-
Creates a new Marijuana Tax Cash Fund to receive retail marijuana excise taxes, sales taxes, and related revenues starting July 1, 2014, replacing the previous marijuana cash fund structure.
-
Directs fund revenues toward education, prevention, treatment, and law enforcement activities including youth substance abuse prevention programs, marijuana education campaigns, school health professionals, and training for prosecutors and law enforcement.
-
Establishes a School Health Professional Grant Program to provide matching grants to education providers for hiring school nurses and health professionals in secondary schools to address behavioral health and substance abuse issues.
-
Creates an Office of Marijuana Coordination within the Governor's Office to coordinate state agency responses to marijuana legalization across health, safety, transportation, education, and revenue departments.
-
Appropriates over $32 million from the Marijuana Tax Cash Fund for fiscal year 2014-15 to fund prevention programs, education campaigns, treatment services for adolescents and pregnant women, and enhancements to youth services and jail-based behavioral health programs.
Legislative Description
Disposition Of Legal Marijuana Related Revenue
Last Action
Governor Signed
6/6/2014