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CO HB1217

Bill

Status

Passed

3/27/2020

Primary Sponsor

Matt Gray

Click for details

Origin

House of Representatives

2020 Regular Session

AI Summary

  • Repeals article 33 of title 11 of the Colorado Revised Statutes, eliminating the regulation of marijuana financial services cooperatives.

  • Removes the September 1, 2020 sunset date for marijuana financial services cooperative regulation from the general assembly's sunset review schedule.

  • Eliminates court of appeals jurisdiction over final actions and orders of the state commissioner of financial services related to marijuana financial services cooperatives.

  • Repeals provisions allowing marijuana tax cash fund money to be appropriated for start-up expenses of the division of financial services to regulate marijuana financial services cooperatives.

  • Takes effect September 1, 2020, subject to referendum petition; applies to conduct occurring on or after the effective date.

Legislative Description

Sunset Marijuana Financial Services Cooperatives

Last Action

Governor Signed

3/27/2020

Committee Referrals

Finance2/24/2020
Finance1/30/2020

Full Bill Text

No bill text available