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ME LD1654

Bill

Status

Passed

6/25/2025

Primary Sponsor

David Boyer

Click for details

Origin

House of Representatives

132nd Legislature

AI Summary

  • Extends the excise tax payment deadline for adult use cannabis cultivation facilities from the 15th of the following month to 120 days after the date of sale

  • Maintains the requirement for cultivation facility licensees to file monthly returns with the State Tax Assessor by the 15th of each month

  • For cultivation facilities that also hold licenses for other cannabis establishments, the 120-day grace period begins on the date of cannabis transfer to the other establishment

  • If no transfer occurs, the 120-day period starts from the date of any licensed manufacturing or retail activity performed with the cultivated cannabis

Legislative Description

An Act to Exempt Certain Sales and Transfers of Adult Use Cannabis from Excise Tax

Miscellaneous Taxes

Last Action

HELD BY THE GOVERNOR.

7/8/2025

Committee Referrals

Taxation4/15/2025

Full Bill Text

No bill text available