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HI SCR170

Concurrent Resolution

Status

Introduced

3/11/2022

Primary Sponsor

Dru Kanuha

Click for details

Origin

Senate

2022 Regular Session

AI Summary

  • Department of Business, Economic Development, and Tourism shall conduct a study on projected state revenue from legalizing recreational marijuana taxed at the general excise tax rate.

  • Study must include a five-year total projection of potential revenue from legalized recreational marijuana under the general excise tax rate.

  • Department may consult with any public or private entity to complete the study.

  • Department must submit findings, recommendations, and any proposed legislation to the Legislature no later than twenty days before the 2024 Regular Session convenes.

  • Certified copy of the resolution shall be transmitted to the Director of Business, Economic Development, and Tourism.

Legislative Description

Requesting The Department Of Business, Economic Development, And Tourism To Conduct A Study On The Projected Revenue That Would Be Generated For The State From The Legalization Of Recreational Marijuana If It Were Taxed At A Rate Equal To The Existing General Excise Tax Rate.

Marijuana

Last Action

Referred to EET.

3/16/2022

Committee Referrals

Energy, Economic Development, and Tourism3/16/2022

Full Bill Text

No bill text available