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MI HB6120
Bill
Status
10/1/2020
Primary Sponsor
Cynthia Johnson
Click for details
AI Summary
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Amends section 604 of the 2016 Medical Marihuana Facilities Licensing Act to modify the marihuana regulatory fund's fiscal year 2020 operations.
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Transfers $17,000,000 from the marihuana regulatory fund to the general fund for the fiscal year ending September 30, 2020 only.
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Clarifies that the marijuana regulatory agency (created under Executive Reorganization Order No. 2019-2) serves as the fund administrator for auditing purposes.
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Maintains that all other money in the marihuana regulatory fund must remain in the fund and not lapse to the general fund at fiscal year-end.
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Effective immediately upon approval by the Governor on October 1, 2020.
Legislative Description
Marihuana: administration; marihuana regulatory fund revenue; transfer to the general fund for the 2019-2020 fiscal year. Amends sec. 604 of 2016 PA 281 (MCL 333.27604).
Marihuana: administration
Last Action
Assigned Pa 170'20 With Immediate Effect
10/1/2020