MI SB0499

Creates exemption from criminal penalties for manufacturing, delivering, or possessing entheogenic plants or fungi (containing dimethyltryptamine, ibogaine, mescaline, psilocybin, or psilocyn) when done without receiving money or other valuable consideration.

Allows reasonable fees for counseling, spiritual guidance, or related services provided in conjunction with entheogenic plant or fungus use to not constitute "valuable consideration."

Exempts individuals from prosecution for possessing or using entheogenic plants or fungi, adding this protection to existing controlled substances laws.

Clarifies that "marihuana plant" means a plant that has produced cotyledons or a cutting that has produced cotyledons, affecting plant count thresholds in sentencing guidelines.

Defines "entheogenic plant or fungus" to include any plant or fungus naturally containing specified indole amine, tryptamine, or phenethylamine compounds listed in the statute.